Norman Schofield Dino Falaschetti Andrew R. Rutten
Until about two hundred years ago, almost everyone faced the prospect of a life that was poor, nasty, brutish, and short, with few if any prospects for betterment. For example, in today s money, annual average per-capita income during the first millennium was constant at about $500. And most of the next century saw little in the way of expanded opportunities. Indeed, until the early nineteenth century, annual average per-capita income was only a couple of hundred dollars higher, and the average per-capita growth rate barely increased above zero.
Why have societies so...
Until about two hundred years ago, almost everyone faced the prospect of a life that was poor, nasty, brutish, and short, with few if any prospects...
