There is a certain conventional wisdom about the way that humanity evolved over time. The puzzling element is that much of the gain that we made in the technological realm were converted into more people, rather than into richer people up until very, very recently. World income per capita has increased 14-fold in the past 200 years, whereas over 300,000 years of human existence, it hardly changed.
Oded Galor — There is a certain conventional wisdom about the way that hu
There is a certain conventional wisdom about the way that humanity evolved over time. The puzzling element is that much of the gain that we made in the technological realm were converted into more people, rather than into richer people…