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Thread: Medieval Britons Were Richer Than Modern Poor People, Study Finds

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    Medieval Britons Were Richer Than Modern Poor People, Study Finds

    Reuters

    ... Medieval England was not only far more prosperous than previously believed, it also actually boasted an average income that would be more than double the average per capita income of the world's poorest nations today, according to new research. Living standards in medieval England were far above the "bare bones subsistence" experience of people in many of today's poor countries, a study says... "The majority of the British population in medieval times could afford to consume what we call a 'respectability basket' of consumer goods that allowed for occasional luxuries," said University of Warwick economist Professor Stephen Broadberry, who led the research.
    http://news.yahoo.com/s/nm/20101206/...itain_medieval

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