Comment on Open Thread, May 19 - 25, 2014

Wed, 21 May 2014 20:43:30 GMT

Do you know of a typical measure (or component) of living standard that would have been measured for the US across both the great depression and WW2? The standard story I have heard informally is that WWII efforts did actually increase standards of living. I'm not surprised to learn that that's false, but given the level of consensus in the group-think I've encountered, I'd be interested in seeing some hard numbers. Plus, I'm interested in seeing whether there was a drop in living standards.

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