What's Cheaper, And More Expensive

What's Cheaper, And More Expensive
atlantic

 The ubiquity and affordability of consumer technology is an astounding testimony to productivity in the electronics sector. In fact, eating and clothing ourselves is getting easier all the time. Before the Great Depression, about 35% of family expenditures went to food and threads. Today, we spend only 10% of our income on food and 3% of our income on clothes. Again, this is an achievement of manufacturing and farming efficiency.

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