We were definitely more productive. An order of magnitude more. As long as you picked appropriate tools. For example, I wrote a whole statistical analysis package in month (VB4). An ERP package in 6 months (access).
Code quality, which is difficult to objectively measure, was not really a problem.
Today I can barely even find a consistent UI toolkit which doesn’t fall to pieces, doesn’t require a server to run and doesn’t pull in 200 meg of untrusted JavaScript.
But there's something valuable in figuring stuff out by yourself, I wouldn't trade that experience for anything.
Again, anyone who was actually a programmer back then and is now today would never have nostalgia for those days. It was not better before.
Yeah, but figure what out? How to get wildly complicated thing A to talk to over-engineered piece of crap B, most likely.