Brad DeLong đź–– đź’‰ (@delong): Slouching Towards Utopia, forthcoming from Basic Books on September 6. 1st sentence:
What I call the “long twentieth century” started with the watershed-boundary crossing events of around 1870—the triple emergence of globalization, the industrial research lab, and the... 1/
Brad DeLong 🖖 💉 (@delong): ... modern corporation—which ushered in changes that began to pull the world out of the dire poverty that had been humanity’s lot for the previous ten thousand years." 2/
Marshall Steinbaum 🔥 (@Econ_Marshall): @delong General incorporation laws didn’t pull anyone out of poverty!
Brad DeLong đź–– đź’‰ (@delong): Slouching Towards Utopia, forthcoming from Basic Books on September 6. 2nd sentence:
"What I call the “long twentieth century” ended in 2010, with the world’s leading economic edge, the countries of the North Atlantic, still reeling from the Great Recession that had begun... 3/
Brad DeLong đź–– đź’‰ (@delong): ...in 2008, and thereafter unable to resume economic growth at anything near the average pace that had been the rule since 1870." 4/