Timmy elsewhere

At the ASI.

An alternative explanation of the Great Depression.

1 thought on “Timmy elsewhere”

  1. This is just data mining to make it fit an argument. If growth didn’t happen in periods you like claim it’s to do with earlier periods. Or if it did, don’t.

    The war had started in 1941, for quite some time. In 1940 per capita GDP was only 10% higher than in 1929, by 1941 27% higher (population was expanding quite fast). This is only 2% per annum from 1929.

    Per capita growth in the 1950s wasn’t that strong either, less than the 1960s, and only a few % more than 1970s-1990s. Only the 2000s were really bad.

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