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Would You Rather Be Middle Class in 2011 or Rich in 1973?

themoneyillusion.com

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Re: Would You Rather Be Middle Class in 2011 or Rich in 1973?

#4
Rich in 1900 is my choice. I'll bet the food then rocked - I'll just take one year's income at face value and the house I'm living in now, without 111 years of intervening decay. The rich industrialist who lived here in 1900 will have to find new digs.

But no contest. I'd turn back that clock right now.

Re: Would You Rather Be Middle Class in 2011 or Rich in 1973?

#5
post #2

Rich in '73 is such an obvious choice...

I'm not sure if my being born in the late 1980s would make me more or less likely to choose 1973 over 2011. On the one hand it would take some getting used to a world without computers and the like, having never experienced that before. On the other, it would be more like travelling to a new place than going back in time, which at least sounds more exciting.

My question is - how far back would you go?

Re: Would You Rather Be Middle Class in 2011 or Rich in 1973?

#6
Relative wealth is what gets you the most mating opportunities and gives your genes a competitive advantage, to put it in a pseudo-academic language. Geoffrey Miller's The Mating Mind is way more interesting and deeper than this article if you are interested in the subject. Spent is even more about relative wealth as a fitness signal, but a bit fluffier.

Re: Would You Rather Be Middle Class in 2011 or Rich in 1973?

#7
post #4

Rich in 1900 is my choice. I'll bet the food then rocked - I'll just take one year's income at face value and the house I'm living in now, without 111 years of intervening decay. The rich industrialist who lived here in 1900 will have to find new digs. But no contest. I'd turn back that clock right now.

What kind of food do you think you'd get in 1900 that you couldn't get today?

Re: Would You Rather Be Middle Class in 2011 or Rich in 1973?

#8
post #4

Rich in 1900 is my choice. I'll bet the food then rocked - I'll just take one year's income at face value and the house I'm living in now, without 111 years of intervening decay. The rich industrialist who lived here in 1900 will have to find new digs. But no contest. I'd turn back that clock right now.

Enjoy all the smoke. And don't forget to not get cancer.

Re: Would You Rather Be Middle Class in 2011 or Rich in 1973?

#9
Maybe it's just the fact that I'm a hacker and a child of the digital age, but I'd take the ability to have a 1ghz computer in my pocket connected to the entire world for a couple of hundred bucks, against paying thousands of dollars for a machine that probably can't even do truetype rendering.

Re: Would You Rather Be Middle Class in 2011 or Rich in 1973?

#10
post #4

Rich in 1900 is my choice. I'll bet the food then rocked - I'll just take one year's income at face value and the house I'm living in now, without 111 years of intervening decay. The rich industrialist who lived here in 1900 will have to find new digs. But no contest. I'd turn back that clock right now.

What kind of food do you think you'd get in 1900 that you couldn't get today?

It would be like going to Mexico and drinking the local water. You'd have no immunity to whatever bugs were commonly in food at that (pre-refrigeration) time.
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