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A comment on If you want to be rich, first stop being so frightened (2006). Parent comment

Re:If you want to be rich, first stop being so frightened (2... by revorad on Tuesday June 30, 2009 @09:50AM (#680756)
Compared to them we might all be very poor and there is no way for anyone to become rich.

Not sure about that. See this paper by Robin Hanson: http://hanson.gmu.edu/IEEESpectrum-6-08.pdf

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Re:If you want to be rich, first stop being so frightened (2... by pfedor on Tuesday June 30, 2009 @12:08PM (#680980)
Haven't read the full paper, but this caught my eye: The world economy, which now doubles in 15 years, would soon double in a week to a month

According to the book "The Birth of Plenty" by William J. Bernstein, the world's wealth has been growing at a steady rate of 2% since 1820. Not sure where the disagreement comes from. Maybe the author of the article doesn't make a correction for inflation?

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Re:If you want to be rich, first stop being so frightened (2... by revorad on Tuesday June 30, 2009 @12:30PM (#681022)
This talk may shed some light (see from the 34min mark). http://video.google.co.uk/videoplay?docid=-70340283662490833...
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