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… is from page 47 of the newly published final volume – Bourgeois Equality [2] – of Deirdre Nansen McCloskey’s soaring trilogy on the essence and role of bourgeois values in modern life (link added):
As the economic historians Ian Gazeley and Andrew Newell concluded in their 2010 study [3] of “the reduction, almost to elimination, of absolute poverty among working households in Britain between 1904 and 1937”: “The elimination of grinding poverty among working families was almost complete by the late thirties, well before the Welfare State.”