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An instant New York Times and Wall Street Journal bestseller from one of the world’s leading economists, offering a grand narrative of the century that made us richer than ever, yet left us unsatisfied. "A magisterial history."—Paul Krugman Before 1870, humanity lived in dire poverty, with a slow crawl of invention offset by a growing population. ...
Do yourself a favor and read @delong's opus on the economic history of the 20th century, Slouching Towards Utopia. No question one of the best books I've read this year. – source
That, by the way, is from Kyle Harper’s so far excellent book, The Fate of Rome, on the role of climate & disease in causing the downfall of the empire – source
This is a point @M_C_Klein has made well (and you should buy his book Trade Wars Are Class Wars): China really is an example of trickle-down economics. China’s tax system is extremely regressive, and almost all of the government's subsidies go to the rich/well connected. – source