Hanging with History

124. Industrial Revolution: Statistical Mishmash


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A novel theory of the distribution of consumption during the end of the 2nd hundred years war is developed.

We explain the problems of relying on changing productivity numbers, but we still tend to accept them because the rest of our context suggests that they were truly increasing.

In an episode focused on economic statistics and financial theory, Harald, perhaps betrays difficulties with emotional stability by berating the audience.

You can learn about income growth, the industrious revolution, though there probably should have been more mention of the spiritual anxieties of puritans, the role of social stability in England (relative stability), the vital role of reputation in successful business, and labor mobility.

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Hanging with HistoryBy Harald Hansen

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