factual

Great literature reliably documents economic life

Serialized 19th-century novels (Austen, Dostoevsky, Balzac) provide trustworthy data on incomes, wages, and prices because authors writing in installments would have been exposed and ridiculed for getting numbers wrong, making such literature a reliable source for reconstructing the economic history and class relations of their time.

factualpending

Speaker

Branko Milanovic

Evidence Quote

the very fact that we can believe that Jane Austen is giving us reasonable numbers, because otherwise people at that time would have found that quite extraordinary--very wrong.

Source

Branko Milanovic on the Big Questions of EconomicsEconTalk
Created: 6/13/2026, 12:16:00 AM

My Notes

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