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Quotation of the Day…

… is from page 6 of my GMU Econ colleague Mark Koyama’s, and his co-author Jared Rubin’s, excellent 2022 book, How the World Became Rich:

The fact is that most people who ever lived – at least, prior to the 20th century – lived in conditions very similar to those of the very poorest in the world today. The economic growth of the last two centuries has alleviated a vast majority of this poverty, although the job is clearly not finished.