New Learn Liberty Video on the Cost of Living

Steven Horwitz

The third of what will eventually be four Learn Liberty videos I shot earlier this year is now out.  This one addresses the question of whether the cost of living has risen over the last 100 years, a topic I've written much about here at CP.

 

Comments

[Harrison Searles]

Wonderful. I very much enjoy the presentation that a short video lecture with a high production-value like this can provide and the clarity it sheds on its topic.

[Steve Miller]

I have found that nothing angers people more than the good news of higher living standards!

I'm guessing you'll get a lot of hate mail over this one.

[Current]

As an electronic engineer I like to see all the stuff I've worked on in presentations like this.

But, the problem with technology is that critics can ascribe it to scientific and technical progress and leave out economics. I think the changes in the cost of other goods are better examples.

[Derick Salls]

One could easily answer that this is the result of more government interference and a weaker state of capitalism.

[geoih]

Does the average industrial wage of $19.40 include the 40% plus income/payroll taxes? Do your item costs include sales or property taxes?