4 ms·
Lack of economic growth compounds over the centuries toward remarkable differences between prosperous and miserable countries.
by davidebaldini 3y ago
Lack of economic growth compounds over the centuries toward remarkable differences between prosperous and miserable countries.
- lesuorac 3y agoAre you also making the claim that the EU lags behind the US in growth? Otherwise that seems like a non-sequitur. If you are, it seems that US's advantage [2] is just sheer number of people since the growth/capita is the same [1]. [1]: https://data.worldbank.org/indicator/NY.GDP.PCAP.KD.ZG?locations=EU-US https://data.worldbank.org/indicator/NY.GDP.PCAP.KD.ZG?locat... [2]: https://data.worldbank.org/indicator/NY.GDP.MKTP.KD.ZG?locations=EU-US https://data.worldbank.org/indicator/NY.GDP.MKTP.KD.ZG?locat...
- dandellion 3y agoIf that's the case, in Europe we've been compounding growth for many centuries before the US even existed, we must be far ahead of you.
- seba_dos1 3y agoYes, I wouldn't want to live in the US either.