TY  - JOUR
AU  - DeLong,J. Bradford
TI  - Cornucopia: The Pace of Economic Growth in the Twentieth Century
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 7602
PY  - 2000
Y2  - March 2000
UR  - http://www.nber.org/papers/w7602
L1  - http://www.nber.org/papers/w7602.pdf
N1  - Author contact info:
J. Bradford DeLong
Department of Economics
601 Evans Hall
University of California, Berkeley
Berkeley, CA 94720-3880
Tel: 510/643-4027
Fax: 510/642-6615
E-Mail: delong@econ.berkeley.edu
AB  - There is one central fact about the economic history of the twentieth century: above all, the century just past has been the century of increasing material wealth and economic productivity. No previous era and no previous economy has seen material wealth and productive potential grow at such a pace.  The bulk of America's population today achieves standards of material comfort and capabilities that were beyond the reach of even the richest of previous centuries.  Even lower middle-class households in relatively poor countries have today material standards of living that would make them, in many respects, the envy of the powerful and lordly of past centuries.
ER  -