Comment by eru

> People compare themselves to their parents and grandparents, you can only hustle so far in the face of lived experience.

Different people in different parts of the globe had different experiences.

People in rich parts of the globe had a pretty decent 1960s. People in PR China had the Cultural Revolution..

> This is why we should eagerly seek to fix r>g in peacetime -- it's guaranteed to be mathematically possible and it's clearly better for everyone.

Why do you want to compare these two variables specifically?

Btw, during much of the 2010 real interest rates in the western world were negative while we had positive real growth. Thus r<0<g. Was that the golden age you yearn for?