Every computer purchased has been cheaper, more powerful, and faster than the previous one, with the speaker's first computer costing the equivalent of over five thousand dollars in real terms for a fraction of current capability—illustrating the constantly evolving nature of markets.

factualpending

Speaker

Russ Roberts

Evidence Quote

my first computer that I bought in real dollar terms would be you know well over five thousand dollars today and... a fraction of what your current computer

Source

Peter Boettke on Hurricane Katrina and the Economics of Disaster 12/18/2006EconTalk
Created: 6/17/2026, 10:29:22 AM

My Notes

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