Thank you so much for posting this. Its amazing how many real economic issues seem to be hidden behind the progress of the computer revolution and Murphy's law.

Thank you so much for posting this. Its amazing how many real economic issues seem to be hidden behind the progress of the computer revolution and Murphy's law. Just as we consider TV's to have dropped 97 percent in cost and use this in our inflation estimates. I remember seeing similar analysis that was done on US manufacturing output that showed that productivity boom of computers was hiding an enormous loss in US manufacturing jobs in official US metrics. I feel like some people are starting to wake up to this. Its just so hard for these kind of official metrics to change when those in charge have every incentive to insist the US economy is doing great and just keeps getting better.