Paul Krugman

@paulkrugman ↗

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Last Checked Oct. 13, 2022

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Fri Sep 16 15:56:09 +0000 2022

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Paul Krugman @paulkrugman

Only after 1870 do we see a huge improvement in working-class living standards 5/ https://t.co/Sr8Sg7noxO — PolitiTweet.org

Posted Sept. 16, 2022

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Paul Krugman @paulkrugman

Fast forward to 1870, and real wages were no higher than they had been in the 15th century — but the population was much larger, so evidence of technological progress 4/ https://t.co/aBSPqbRnBI — PolitiTweet.org

Posted Sept. 16, 2022

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Paul Krugman @paulkrugman

The question is how we should think about the century or so before 1870 when real wages were rising moderately despite a growing population. Brad argues that the pace of technological progress was still glacial by modern standards 6/ — PolitiTweet.org

Posted Sept. 16, 2022