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Author is talking about different ages there, and reasoning that capital abundance will lead, amongst others (like technology development), to the transition fr
by slx26 9y ago
Author is talking about different ages there, and reasoning that capital abundance will lead, amongst others (like technology development), to the transition from the industrial age to the next one, "the world after capital". Wikipedia says industrial age began around 1760. I don't understand why you talk about 1990.
- dandare 9y agoBecause the worldbank.org GDP per capita data start at 1990 :D. At it was still about $15 per day. I don't know if the poverty threshold was different back then. [https://data.worldbank.org/indicator/NY.GDP.PCAP.PP.CD https://data.worldbank.org/indicator/NY.GDP.PCAP.PP.CD]
- dredmorbius 9y agoAngus Maddison's data date back to the year 1 CE. They are frequently used in historic economic analysis. https://www.rug.nl/ggdc/historicaldevelopment/maddison/ https://www.rug.nl/ggdc/historicaldevelopment/maddison/