Brent Buckner (guest) meinte am 30. Dec, 13:47:
Looking at your chart, the numbers seem outrageous: over a 50 year interval, a 16-fold increase in real GDP per capita for the U.S. and a 32-fold increase for Austria! Hence, I went to your source. For the U.S. at least, it looks as though your starting point in 1950 should be approximately $10,000, not $1,000. Things are getting better, but not *that* fast!
Mahalanobis antwortete am 30. Dec, 17:15:
I've updated the post.
Initially I only had the relative performance of Austria in mind so using I$ in current prices wouldn't have hurt too much (I actually even thought of not labeling the ordinate). But I must admit that I really "missed" the two oil price shocks ...
