Comments on: Doesn’t follow http://www.ambrosini.us/wordpress/2009/10/doesnt-follow/ Sharpening my knife Tue, 18 Oct 2011 07:32:30 -0700 http://wordpress.org/?v=2.8.6 hourly 1 By: Robin Hanson http://www.ambrosini.us/wordpress/2009/10/doesnt-follow/comment-page-1/#comment-8068 Robin Hanson Tue, 20 Oct 2009 01:45:26 +0000 http://www.ambrosini.us/wordpress/?p=1244#comment-8068 All good questions. All good questions.

]]> By: swong http://www.ambrosini.us/wordpress/2009/10/doesnt-follow/comment-page-1/#comment-8067 swong Tue, 20 Oct 2009 00:35:08 +0000 http://www.ambrosini.us/wordpress/?p=1244#comment-8067 Over time, doesn't the price on status items tend to drop as production climbs and cheap knockoffs flood the market? Digital watches, portable music players, gourmet coffee, designer clothes, cellular phones, fast cars, giant televisions. A personal computer used to cost several months worth of take home pay for a middle class breadwinner. Now a much better one costs a few days worth of pay. Over time, doesn’t the price on status items tend to drop as production climbs and cheap knockoffs flood the market?

Digital watches, portable music players, gourmet coffee, designer clothes, cellular phones, fast cars, giant televisions. A personal computer used to cost several months worth of take home pay for a middle class breadwinner. Now a much better one costs a few days worth of pay.

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