Originally published at joefrancis.info Joe Francis One of my favourite graphs in recent writing on economic history might seem obscure. Reproduced below, it is found on page 28 of the working paper underlying the latest update of the Maddison Project database of historical GDP estimates. It shows the various estimates of British GDP per capita […]
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Originally published at joefrancis.info Joe Francis Recently the Economist published a front-page feature on ‘The Tragedy of Argentina: A Century of Decline‘. By summarising the current scholarship on the ‘Argentine paradox’, the article demonstrates why the study of the country’s history remains so necessary. The article begins with the standard claim that Argentina was rich at the beginning […]
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