Marx, hedonics, and the price of tea in China
I wonder what old Karl would have thought of the amazing improvement in affordability of electronics as measured in the number of hours of work required to purchase a gadget. Huge increases in productivity as well as cheap foreign labor (I imagine Karl would have weighed in here) has powered this increase in affordability of manufactured goods, with electronics as one of the best examples.
The Good Old Days Are Now: Radio Shack Version ę The Enterprise Blog
I am not quite sure how this fits in with the American Enterprise Institute's politics, but the article's comparison is interesting on its own.
Start by admitting
from cradle to tomb
it isn't that long a stay.