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A comment on The Rate of Return on Everything, 1870–2015 [pdf]. Parent comment

Re:The Rate of Return on Everything, 1870–2015 [pdf] by galfarragem on Monday May 06, 2019 @03:06PM (#19842651)
Great comment. Thank you.

This explains why the average quality of life/wealth gap between (Socialist) East Europe and West Europe was smaller than the raw difference of GDPs.

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Re:The Rate of Return on Everything, 1870–2015 [pdf] by sonnyblarney on Monday May 06, 2019 @06:16PM (#19844494)
Even if the GDP Soviet Union were measured in other terms, it would still be very bad, the economic output was still utterly abysmal. It went way beyond just 'inefficient'.
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