Running the numbers, I see that 83% overall growth over 22 years is about equal to 2.8 per cent growth each year.https://books.google.com/books?id=i...ar in the late 1960s and early 1970s"&f=false
' . . . reaching a climacteric of over 3 per cent a year in the late 1960s and early 1970s. Total economic output rose by 83 per cent between 1951 and 1973, . . . '
Great for a mature economy in normal times, but not for the go-go post war years. This book seems to think it's good. I very much disagree.