Tuesday, May 10, 2022

Prices DECREASING

 Gilder proposes that the ultimate measurement is time, and in that case, the time spent to to buy things is decreasing.  11 bicycles now for the price of one a hundred years ago, e.g.Time pricing is downstream from the information economy.

Some academics  whose names I don't remember have written extensively on this.
This is NOT Ithaca Hours.
It does relate well to a Rosenstock quote 'Christianity is the science of timing'.I'll be working on that.
In the meantime (sic) anyone who wants pandemic tax credit, contact me. You get 1 % of FICA back--2 to 500 W2s. Only 5% have claimed it.
Chuck

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