Last week I did a comparison of “time prices” for several goods and services in 1971 compared with 2024. For almost all goods and services, it took fewer hours of work in 2023 to purcha…| Economist Writing Every Day
I’ve written before on this blog about “time prices”: the amount of time it takes at a particular wage to buy a specific product. Time prices are especially useful for making hist…| Economist Writing Every Day