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Independent. Anti-War. Unbought.

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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Recent Articles

Recent

F35 Follies: On and On and On

The F35 is a disaster and I have written about it endlessly here. The drama continues. But the F-35A remains the cheapest and least complex variant of the three. The F-35B—the short takeoff and vertical landing variant flown by the Marine Corps—is the most expensive...

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