The US overtook the UK as GDP leader in 1880. We better hope the US doesn't stagnate the way the UK did.http://goo.gl/ybWiwo
@BenedictEvans Cutting edge technically. Not economically. That was the problem.
-
-
@paulg My point is, US overtook UK because it industrialised too, and had far more people, not because of stagnation, inefficiency etc -
1895-1950, the US was anywhere from two to four times as productive as the UK http://www.ggdc.net/maddison/maddison-project/conferences/2010-11/maddison_conference_nov2010_woltjer_dejong.pdf …
@BenedictEvans@paulg
End of conversation
New conversation -
-
-
@paulg Sure, but British productivity only became a problem in the 1960s. Almost a century after it was no longer largest. - 1 more reply
New conversation -
-
-
@paulg@BenedictEvans you have to remember that after WWII the UK was held back by the debt from that war http://news.bbc.co.uk/2/hi/6215847.stm …Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.