Continuing our series on how just about everything is "on sale" when compared to 1979, let us consider a fourteen speed blender. If we measure price by the time it takes an average worker to earn enough to buy one, then blenders cost less today than in 1979—just like grills, kitchen ranges, and many other material goods. In other words, blenders are no exception to the trend of prices falling when markets are allowed to work.
Chelsea Follett is the managing editor of HumanProgress.org.
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