Cornucopia: The Pace of Economic Growth in the Twentieth Century / J. Bradford DeLong.

Format:

Book

Author/Creator:

DeLong, J. Bradford.

Contributor:

National Bureau of Economic Research.

Series:

Working Paper Series (National Bureau of Economic Research) no. w7602.

NBER working paper series no. w7602

Language:

English

Subjects (All):

Cost and standard of living.

Economic development.

Economic history.

Industrial productivity.

Physical Description:

1 online resource: illustrations (black and white);

Other Title:

Cornucopia

Place of Publication:

Cambridge, Mass. National Bureau of Economic Research 2000.

Cambridge, Massachusetts : National Bureau of Economic Research, 2000.

Summary:

There is one central fact about the economic history of the twentieth century: above all, the century just past has been the century of increasing material wealth and economic productivity. No previous era and no previous economy has seen material wealth and productive potential grow at such a pace. The bulk of America's population today achieves standards of material comfort and capabilities that were beyond the reach of even the richest of previous centuries. Even lower middle-class households in relatively poor countries have today material standards of living that would make them, in many respects, the envy of the powerful and lordly of past centuries.

Notes:

Print version record

March 2000.