When America Was a Developing Country
updated 4mo ago
updated 4mo ago
Economists say America transitioned from a manufacturing-based to a consumer-based economy in the 1950s. That means our society depends on discontentment; on people buying more and more of what they desire not merely what they need. During WWII the government severely restricted public consumption of certain goods needed for the war effort. Followi
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by Ray Dalio
by Tyler Cowen