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How is GDP per capita a useful measure in the presence of almost-trillionaires? Depending on which city they sleep in, Bezos or Musk make all local citizens mu
by andrei_says_ 1y ago
How is GDP per capita a useful measure in the presence of almost-trillionaires?
Depending on which city they sleep in, Bezos or Musk make all local citizens multimillionaires. Per capita. Statistically.
- actionfromafar 1y agoThis is very true. One should look at some select percentiles instead, IMHO.
- rat87 1y agoHenry Ford had about 200Billiin adjusted for inflation around that time. Not quite as high as a couple of guys today but not that far off