The Real Trickle-Down Effect: Making "Luxuries" Affordable to Regular People


The “trickle down” effect is real in how capitalists are motivated to expand affordability of their products and services. Mobile phones and air travel were once just luxuries enjoyed by a select few, but are now widely affordable. 

Original Article: “The Real Trickle-Down Effect: Making “Luxuries” Affordable to Regular People”

This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.



Source link

Related posts