Brad DeLong's Grasping Reality β’ 38 implied HN points β’ 25 Nov 24
- Most economic activity in history happened after 1870. This shows how rapidly the economy can grow in a short time.
- Students should have a simple, useful summary of post-1870 economic growth. This will help them during exams and in their future understanding.
- The summary should include both political-economic and technical aspects. It's important to see how these areas work together in shaping the economy.