It made Andrew Carnegie incredibly rich, permanently expanded the global economy and raised living standards.
Economic liberalization stimulated real economic growth, and as productivity increased so have living standards.
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It is axiomatic among economists that mechanized farming caused a huge gain in living standards.
The model emerged during the post-war boom, when living standards soared across western Europe.
The broadest and most accurate measure of living standards is real per capita consumption.
Living standards are sinking, squeezed by Washington's expansion and the falling value of the dollar.
Living standards were sustained by public and private borrowing, helped by money from the European Union.
The report says gaps in living standards will narrow, but will not be eliminated.
Sure, Real GDP will fall just as much, real living standards will fall just as much.
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Or, more intriguing, are we overestimating how these little machines can affect living standards?
Not wanting to reduce their living standards, people in the bread basket states borrowed.
On such job elimination is built the improvement of living standards over the past two centuries.
And that many believe their living standards now are worse than under the Soviet Union.
Moreover, despite rising oil prices, Brunei faces flagging growth and its enviable living standards could dip.
Many have moved into the middle class, enjoying living standards previously beyond their dreams.
Why do the Japanese put up with such inefficiency, which lowers their living standards?
Despite having it quite good in income and living standards, Danes can be a brooding lot.
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This does not bode well for overall trends in living standards, especially for young people.
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Despite having it quite good regarding income and living standards, Danes can be a brooding lot.
It led the 20th century to new heights in living standards, prosperity and equality.
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That would make it one of the worse decades for living standards since World War II.
Many Bulgarians remain deeply unhappy over high energy costs, power monopolies, low living standards and corruption.
It's a reflection of the fact that living standards in the East are still much lower.
So yes, Time is indeed advocating cutting living standards by as much as ten times.
We need economic growth in the United States to create wealth and increase living standards.
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They define improving human rights as improving living standards, lifting people out of poverty.
For example, the period 1830-1870 in Britain saw few improvements in mortality, despite rising living standards.
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Since the early nineteen-eighties, by contrast, financial blowups have proliferated and living standards have stagnated.
China asserts its simple right to develop rapidly and make progress towards attaining Western living standards.
Measuring at purchasing-power parity makes the gap in GDP and living standards look narrower.
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