Since 1900, consumers have enjoyed a dramatic explosion in the number and quality of goods available. This column discusses a simple method for quantifying welfare gains from the introduction of new goods into the economy and their subsequent quality improvements using the personal computer as an example.
Most Read
Vox eBooks
Vox Talks
Events
-
17 - 18 October 2019 / Florence, Italy / Florence School of Banking and Finance, European University Institute
-
21 - 21 October 2019 / Frankfurt am Main / The Bank of England, the Board of Governors of the Federal Reserve System and the European Central Bank
-
28 - 30 October 2019 / Florence, Italy / Florence School of Banking and Finance, European University Institute
-
4 - 6 November 2019 / Florence, Italy / Florence School of Banking and Finance, European University Institute
-
6 - 6 November 2019 / Brussels, Belgium / European Capital Markets Institute
