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Matthew Yglesias: One Billion Americans: The Case for Thinking Bigger

Matthew Yglesias: One Billion Americans: The Case for Thinking Bigger Business Economics (2022) 57:38–40 https://doi.org/10.1057/s11369-021-00238-z BOOK RE VIE W Portfolio, 2020 Ken Simonson Published online: 26 August 2021 © National Association for Business Economics 2021 This is a book best not judged by its cover. While the author In terms of purchasing power parity, China may already attempts initially to convince readers that tripling the have topped the US GDP. But in dollar terms, China’s GDP nation’s population is both feasible and desirable, he is more is about 2/3 that of the US. Per capita GDP; in the USA, it interested in using the attention-grabbing title to advocate is perhaps six times as large as China’s. for a range of policies that have little direct connection to Yglesias recognizes that “China’s past thirty years of eco- that goal. In fact, in the epilog, he concedes that “one billion nomic growth have been impressive, but they’ve also left the Americans may be impossible and absurd.” People’s Republic with roughly the per person income of The text was completed in the summer of 2020. Since Mexico.” Still, “to stay on top, we need a billion Americans” then, the Census Bureau reported that the country’s popula- (his emphasis). tion rose 0.35% between July http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Business Economics Springer Journals

Matthew Yglesias: One Billion Americans: The Case for Thinking Bigger

Business Economics , Volume 57 (1) – Jan 1, 2022

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Publisher
Springer Journals
Copyright
Copyright © National Association for Business Economics 2021
ISSN
0007-666X
eISSN
1554-432X
DOI
10.1057/s11369-021-00238-z
Publisher site
See Article on Publisher Site

Abstract

Business Economics (2022) 57:38–40 https://doi.org/10.1057/s11369-021-00238-z BOOK RE VIE W Portfolio, 2020 Ken Simonson Published online: 26 August 2021 © National Association for Business Economics 2021 This is a book best not judged by its cover. While the author In terms of purchasing power parity, China may already attempts initially to convince readers that tripling the have topped the US GDP. But in dollar terms, China’s GDP nation’s population is both feasible and desirable, he is more is about 2/3 that of the US. Per capita GDP; in the USA, it interested in using the attention-grabbing title to advocate is perhaps six times as large as China’s. for a range of policies that have little direct connection to Yglesias recognizes that “China’s past thirty years of eco- that goal. In fact, in the epilog, he concedes that “one billion nomic growth have been impressive, but they’ve also left the Americans may be impossible and absurd.” People’s Republic with roughly the per person income of The text was completed in the summer of 2020. Since Mexico.” Still, “to stay on top, we need a billion Americans” then, the Census Bureau reported that the country’s popula- (his emphasis). tion rose 0.35% between July

Journal

Business EconomicsSpringer Journals

Published: Jan 1, 2022

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