People seem to want to get freaked out about China passing the US in terms of the size of its economy. But in the history of Civilization there have probably been barely 200 years in the last 4000 that China hasn’t been the largest economy in the world. It probably only lost that title in the early 19th century and is just now getting it back. We are in some senses ending an unusual period, not starting one.
Warren Meyer, “It is Historically Unusual for China NOT to be the Largest Economy on Earth”, Coyote Blog, 2014-08-30.
September 3, 2014
QotD: The relative size of the Chinese economy, historically speaking
Comments Off on QotD: The relative size of the Chinese economy, historically speaking
No Comments
No comments yet.
RSS feed for comments on this post.
Sorry, the comment form is closed at this time.
