3 ms·
The basket of goods approach always feels a bit off to me wrt capabilities, however I haven’t seen a compelling alternative. Yes the sedan I have now also gets
by yellow_postit 4y ago
The basket of goods approach always feels a bit off to me wrt capabilities, however I haven’t seen a compelling alternative.
Yes the sedan I have now also gets me from point a to b with seating for 5 as it did in 1970 but the safety, efficiency, capabilities are all much more advanced.
Less apples to apples and more red delicious to cosmic crisp.
- leobg 4y agoAt the same time, those extra safety and efficiency capabilities might be offset by the fact that they are much more vehicles on the road and gas prices how much higher than they were in the 1970s. Granted, gas prices in the 1970s might be a bad example. But it’s just very hard to measure added utility in the face of increased requirements of the society around you.