I just returned from a post-blizzard run to the supermarket. While there I noticed that Charmin and many other brands of toilet paper feature embossed designs on their products....
Think of this astonishing fact: someone had the idea to beautify with such designs a product that literally gets flushed down the toilet; other people spent time coming up with these designs; yet other people engineered machines to have the capacity to emboss such designs onto toilet paper; and all of this was done because market forces drive toilet-paper manufactures to compete for consumer patronage.
We are such a wealthy society that, to please ordinary consumers, we spend resources beautifying toilet paper.
Thursday, January 28, 2016
How Wealthy of a Society is America? Our Toilet Paper Provides a Clue
Don Boudreaux explains:
at 12:26:00 PM