Brad DeLong's Grasping Reality β’ 153 implied HN points β’ 28 Nov 24
- The human economic history is complicated and shaped by many factors over a long time. It's important to look back at our past to understand how we got to where we are.
- Calculating the true value of what people produced in the past is really tricky. Most production used to go towards basic needs, but now we have more technology and efficiency to create luxuries.
- Making predictions about the future is even more uncertain. We can only guess how things will continue to change and develop.