Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: fhayek

Before 1950s Argentina was one of the top global nations, ahead of USA in terms of GDP per capita by far.


6 posted on 08/06/2014 10:48:15 AM PDT by wetphoenix
[ Post Reply | Private Reply | To 5 | View Replies ]


To: wetphoenix
Before 1950s Argentina was one of the top global nations, ahead of USA in terms of GDP per capita by far.

Source? I've always heard that during their good times before socialism that they were getting up to the range of European countries, but never ahead of the US. Wikipedia (yes, I know the warnings) cites that "[Argentine] GDP per capita rose from 35% of the United States average in 1880 to about 80% in 1905, similar to that of France, Germany and Canada." But "By 1950, Argentina's GDP per capita accounted just nearly half of the United States."

9 posted on 08/06/2014 11:19:28 AM PDT by KarlInOhio (The IRS: either criminally irresponsible in backup procedures or criminally responsible of coverup.)
[ Post Reply | Private Reply | To 6 | View Replies ]

To: wetphoenix

And Detroit was the Paris of North America.

Heckuva job, socialists/democrats!


10 posted on 08/06/2014 11:36:02 AM PDT by TurboZamboni (Those who make peaceful revolution impossible will make violent revolution inevitable.-JFK)
[ Post Reply | Private Reply | To 6 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson