Episode 15 – Improvements In Computers Demonstrate The Beauty Of Capitalism Mark Geise Show

Episode 15 – Improvements in Computers Demonstrate the Beauty of Capitalism

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Το περιεχόμενο παρέχεται από το Mark Geise. Όλο το περιεχόμενο podcast, συμπεριλαμβανομένων των επεισοδίων, των γραφικών και των περιγραφών podcast, μεταφορτώνεται και παρέχεται απευθείας από τον Mark Geise ή τον συνεργάτη της πλατφόρμας podcast. Εάν πιστεύετε ότι κάποιος χρησιμοποιεί το έργο σας που προστατεύεται από πνευματικά δικαιώματα χωρίς την άδειά σας, μπορείτε να ακολουθήσετε τη διαδικασία που περιγράφεται εδώ https://el.player.fm/legal.

In this episode, I discuss my search through the wide array of laptops for sale to buy one for my younger sister. Even from the last time I seriously looked at buying a computer, the value in terms of specs for the money has noticeably improved. This prompted me to do some further research, and it turns out that the computing power that a given dollar can purchase has doubled every four to six years since the 1940’s; since the 1980’s, that trend has been even more stark. This is really a marvel of capitalism and free markets that quality has improved and prices have fallen so precipitously over a relatively short period of time. Computers are close to a necessity in modern times, yet I do not know anyone calling for a top-down, centralized approach to providing everyone with computers. We recognize that free markets have done a fine job of efficiently providing computers to consumers. Why do people not make the same connection to industries like health care and education? The more important a product or service, the more vital it is that we allow free markets to operate to drive down prices to a point where they are accessible to all.

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