This is something I’ll come back to at some point in greater detail, but one pet peeve I’ve always had with certain folks who talk about how materially well-off we are—free traders, economic libertarians, etc.—is that they rarely look at how long a product lasts or how well made it is. (This is also overlooking a major environmental issue: a lot of prod…
How Cheap is Broken?
Statistics on the declining costs of consumer goods rarely take lifespan into account.
