I agree with the author, however, wealth or personal income shouldn't be taken out of context.
what people seek is comfort. That's what money buys. if you compare a car from the 60's and a car from the 90's, you would agree that the last one is more technologically advanced.
I think we should put into perspective wealth growth over the years with a discounted technological progress.
The Seduction of America [View article]
what people seek is comfort. That's what money buys.
if you compare a car from the 60's and a car from the 90's, you would agree that the last one is more technologically advanced.
I think we should put into perspective wealth growth over the years with a discounted technological progress.