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David Strom
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So reducing the costs of vital economic inputs is a bad thing? Was it a disaster that the cost of food, clothes, and travel dropped dramatically over the past 200 years? That computers are vastly cheaper and more powerful than a decade or two ago? Of course not. Resources will be reallocated and people will in the long run become richer. Cost reductions for goods simply means that people will be able to consume a wider range of goods.
Congratulations! I just stopped by to let you know how much I missed the Sunday evening edition of THOR, and saw this picture. What a lovely baby! But really, a baby is no excuse to take my Sunday entertainment away! What kind of priorities do you have? ;-) God bless. Keep him away from the masks of his ancestors, lest he become consumed with ambition!
Toggle Commented May 28, 2012 on Elliott William Duncan! at The History of Rome
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May 27, 2012