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I mean, sure, as long as the operational term is appears to rapidly increase and appears relatively flat. If per capital income roughly doubles every 30 years
by aetherson 2y ago
I mean, sure, as long as the operational term is appears to rapidly increase and appears relatively flat.
If per capital income roughly doubles every 30 years or so, and that's an iron law of nature throughout history, and you make a graph that ends at 1700 and puts the income of someone in 1700 in the upper right, you'd be saying, "Oh man, what weird thing happened in the 1500s/1600s that led to a big change in incomes then?"
And if you make that same graph in 2200, the Industrial Revolution will be part of the "appears flat" graph.
- tempestn 2y agoYes, agreed. That was actually my original point, that maybe the Industrial Revolution looks like a special period in history from the perspective of today, for that reason, but in reality it's just a period along a long-term exponential.