To those with a good basic econ education, it isn’t news that the world economy continues to grow. Nevertheless, it is worth remembering and repeating from time to time. Tyler Cowen:
How can the current American underclass possibly seem more "pathetic" than Dust Bowl farmers and the first-generation descendants of slaves? Do you really believe in the dignity of servitude and other reactionary ideas?
I should also point out that I didn't say, "the post pathetic of anyone ever."
I believe in the dignity of work. If one is going to be a ward of the anyone, I seriously doubt it is beneficial for their psyche to be idle.
Modern poor people in USA are often fat. Poor people in the past and in poorer countries are skinny.
How can the current American underclass possibly seem more "pathetic" than Dust Bowl farmers and the first-generation descendants of slaves? Do you really believe in the dignity of servitude and other reactionary ideas?
How it feels matters too, no? Also, the American underclass just seems more pathetic than in the past despite the ipods.
Most people apparently think we in the West are only a bit richer than 100 years ago, rather than 5-10 times!