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14 dec 2015
Food processors cost less in terms of labor time than in 1979.
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Processing Food for Less, When Cost Is Measured in Labor Time
By Chelsea Follett
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If you like to cook, then here is some good news: food processors cost less than in 1979, when cost is measured in hours of labor. This falls in line with the trend of many material goods being "on sale" when compared to 1979. See the data for yourself.
 
 

 
 

Chelsea Follett is the managing editor of HumanProgress.org.

Topics Cost of Living/Cost of Material Goods/Cost of Technology/Food Consumption/Labor Productivity/Workforce Hours/Wealth & Poverty/Economic Growth
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