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İçerik Mark Geise tarafından sağlanmıştır. Bölümler, grafikler ve podcast açıklamaları dahil tüm podcast içeriği doğrudan Mark Geise veya podcast platform ortağı tarafından yüklenir ve sağlanır. Birinin telif hakkıyla korunan çalışmanızı izniniz olmadan kullandığını düşünüyorsanız burada https://tr.player.fm/legal özetlenen süreci takip edebilirsiniz.
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Episode 15 – Improvements in Computers Demonstrate the Beauty of Capitalism

 
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İçerik Mark Geise tarafından sağlanmıştır. Bölümler, grafikler ve podcast açıklamaları dahil tüm podcast içeriği doğrudan Mark Geise veya podcast platform ortağı tarafından yüklenir ve sağlanır. Birinin telif hakkıyla korunan çalışmanızı izniniz olmadan kullandığını düşünüyorsanız burada https://tr.player.fm/legal özetlenen süreci takip edebilirsiniz.

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.

https://s3-us-west-2.amazonaws.com/mark-geise-show/Episode+15+-+Improvements+in+Computers+Demonstrate+the+Beauty+of+Markets.mp3

Suggested Readings/Referenced Materials:
“Trends in the Cost of Computing” – AI Impacts
“Exponential and non-exponential trends in information technology” – Machine Intelligence Research Institute (MIRI)
“Why Luxury TVs Are Affordable when Basic Health Care Is Not” – Foundation for Economic Education (FEE)
Video: “Applying Economics to American History | Thomas E. Woods, Jr.” – YouTube
Podcast: “Ep. 483 What’s the Truth About Inequality?” – The Tom Woods Show

  continue reading

57 bölüm

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iconPaylaş
 
Manage episode 308832050 series 3021383
İçerik Mark Geise tarafından sağlanmıştır. Bölümler, grafikler ve podcast açıklamaları dahil tüm podcast içeriği doğrudan Mark Geise veya podcast platform ortağı tarafından yüklenir ve sağlanır. Birinin telif hakkıyla korunan çalışmanızı izniniz olmadan kullandığını düşünüyorsanız burada https://tr.player.fm/legal özetlenen süreci takip edebilirsiniz.

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.

https://s3-us-west-2.amazonaws.com/mark-geise-show/Episode+15+-+Improvements+in+Computers+Demonstrate+the+Beauty+of+Markets.mp3

Suggested Readings/Referenced Materials:
“Trends in the Cost of Computing” – AI Impacts
“Exponential and non-exponential trends in information technology” – Machine Intelligence Research Institute (MIRI)
“Why Luxury TVs Are Affordable when Basic Health Care Is Not” – Foundation for Economic Education (FEE)
Video: “Applying Economics to American History | Thomas E. Woods, Jr.” – YouTube
Podcast: “Ep. 483 What’s the Truth About Inequality?” – The Tom Woods Show

  continue reading

57 bölüm

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