In a previous post I analyzed real per capita GDP of the United States and found -- to my surprise -- that the economy prior to the Great Depression and WW II grew at a roughly constant rate; that the economy afterward, grew at a different roughly constant rate; and to my even greater surprise the post-depression-and-war economy grew faster than the pre.
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How the worst possible plan made things…
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In a previous post I analyzed real per capita GDP of the United States and found -- to my surprise -- that the economy prior to the Great Depression and WW II grew at a roughly constant rate; that the economy afterward, grew at a different roughly constant rate; and to my even greater surprise the post-depression-and-war economy grew faster than the pre.