Technology and Standards of Living

Is Life Better than We Think?

Where Would You Prefer to Live?

House A

House B

One house has hot and cold running water, central air conditioning, electricity and flush toilets. The other does not. One owner has a a computer, a high speed connection to the Internet, a DVD player with a movie collection, and several television sets. The other has none of these things. One owner has a refrigerator, a vacuum cleaner, a toaster oven, an iPod, an alarm clock that plays music in the morning, a coffee maker, and a decent car. The other has none of these. One owner has ice cubes for his lemonade, while the other has to drink his warm in the summer time. One owner can pick up the telephone and do business with anyone in the world, while the other had to travel by train and ship for days (or weeks) to conduct business in real time.

from Coyote Blog

Economic Needs as Share of Income are Declining

from Carpe Diem

The Good Old Days Required a Lot of Work