It's hard to make a fair comparison of "living standards" in different times. Wh...

		geysersam 7 months ago \| parent \| context \| favorite \| on: Exile Economics: If Globalisation Fails It's hard to make a fair comparison of "living standards" in different times. What would an iphone be worth in the 1990s? $20 million? Does that mean every American is now a millionaire? Not really.