Showing posts with label Good old days?. Show all posts
Showing posts with label Good old days?. Show all posts
Monday, July 13, 2026
Dr Oliver Hartwich: Memory is a terrible statistician
Labels: 1970s, Dr Oliver Hartwich, Good old days?Nostalgia is a wonderful state of mind but, almost by definition, it glorifies the past while ignoring things that were not so good.
Many older New Zealanders are nostalgic for the 1970s. But 1973 saw 843 people die on the roads, the worst road toll on record. Of every 1,000 babies born in 1970, almost 17 died before their first birthday. More than a third of adults smoked. The top income tax rate was 60%, and inflation was about to slip its leash.
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