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13 nov 2015
Another installment of our series on how markets have worked to bring down the cost of common goods.
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Your Kitchen Range Costs Less than in Years Past
By Chelsea Follett
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In another installment of our series on how markets have worked to bring down the cost of common goods, consider the gas range. Whether you enjoy cooking or prefer to enjoy the cooking of others, take a moment to appreciate that a gas range today costs the average U.S. worker 49 fewer hours of labor than in 1979. That’s a 65 percent discount! 

 

Chelsea Follett is the managing editor of HumanProgress.org.

 
 
Topics Cost of Living/Cost of Material Goods/Food Production/Personal Income/Workforce Hours/Economic Growth
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