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Source link: http://archive.mises.org/12117/inventive-progress/

Inventive Progress

March 9, 2010 by

When the American Revolution had its beginning, living conditions had scarcely changed since the reign of Nebuchadnezzar. The colonial woman gathered her own firewood and cooked over an open fire… FULL ARTICLE by Henry Grady Weaver

{ 1 comment }

greg March 9, 2010 at 12:43 pm

I wonder what Mr. Weaver would think today as the capacity and performance of the micro chip doubles every 3 years. Productivity advances is still alive and well today.

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