Economic Tidbits

Hmmm…

“in 1960 a typical Indian had to toil for seven hours to put rice on the family table, while a typical American had to work for one hour to buy enough wheat. For their grandchildren in 2018 those figures had fallen to 58 minutes and 7.5 minutes respectively.” Population and prosperity: People power, book review of Superabundance: The Story of Population Growth, Innovation and Human Flourishing on an Infinitely Bountiful Planet by Marian Tupy and Gale Pooley, The Economist, September 17th, 2022.

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