An iPhone Would Have Cost $45 Million To Make in 1991
The National Interest -

Bret Swanson

Politics, Americas

Tech proves that the American dream isn't dead.

There’s a big debate about whether American living standards are truly rising or not. And better data about the impact of technology can help us wind our way toward the truth.

Oren Cass of American Compass argues that despite many seeming advances, the typical American family’s income is not keeping up with the cost of “thriving,” as he calls it. Because of stagnating wages and the exploding cost of big items such...

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