GDP is a Scam, Here’s How to Measure Wealth

by | May 4, 2023

GDP is a Scam, Here’s How to Measure Wealth

by | May 4, 2023

In 1981, the cheapest IBM personal computer cost $4,459 (in 2018 U.S. dollars), or 210 hours of labor. An Insignia tablet and keyboard combo cost $120 in 2018, or 5.6 hours of labor.

– Ten Global Trends Every Smart Person Should Know, CATO Institute

Keith Knight

Keith Knight

Keith Knight is Managing Editor at the Libertarian Institute, host of the Don't Tread on Anyone podcast and editor of The Voluntaryist Handbook: A Collection of Essays, Excerpts, and Quotes.

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Kyle just finished printing out the form he needed to send to a client, an elderly woman who had just lost her husband. He felt empathy for her and really wanted to get it done as fast as possible. Searching the nearby desk, he could not find the stapler. He looked...

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