3 ms·
The libertarians? Cato https://www.cato.org/publications/trade-buys-goods-services-time#televisions https://www.cato.org/publications/trade-buys-goods-services
by _DeadFred_ 5mo ago
The libertarians?
Cato
https://www.cato.org/publications/trade-buys-goods-services-time#televisions https://www.cato.org/publications/trade-buys-goods-services-...
Cato
“One of the big reasons Americans’ inflation-adjusted wages have climbed in recent decades is that the exorbitant prices of things such as housing, health care, and education have been offset by significant declines for tradable goods such as toys, clothing, and consumer electronics.”
https://www.cato.org/commentary/cheap-talk-cheap-stuff https://www.cato.org/commentary/cheap-talk-cheap-stuff
The Adam Smith types:
https://www.adamsmith.org/blog/economics/economic-nonsense-25-with-free-markets-the-poor-are-left-behind https://www.adamsmith.org/blog/economics/economic-nonsense-2...
"Many consumer goods follow the same trajectory; most recently smartphones have done so. Far from being left behind, the poor are pulled along by the progress that initially caters for the rich."