the denominator

Wojtek Sokolowski sokol at
Wed Jun 3 13:48:28 PDT 1998

At 06:08 AM 6/3/98 -0700, Brad De Long wrote:
>And note that these estimates have all the problems of GDP estimates--there
>are no deductions for damage to the ozone layer, and the production of
>thermonuclear weapons counts as a a plus...

That would skew the results only if the cost of nukes to the total output ca 1980 AD ratio was greater (or smaller) than, say, the cost of catapults, swords, chariots, city walls etc. to the total output ca 600 BC.

I presume the latter took a lion share of the output, no?


Wojtek Sokolowski

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