Wednesday, December 30, 2015

Incredible Ways the World Has Changed in Just 100 Years

Capitalism is great. The Fed not so much (that's the price inflation part)

(via Business Insider)


  1. Not only price inflation but also grade inflation.  More Americans now graduate from high school (up from 6% 100 years ago), but the literacy rate (as measured according to [probably] higher standards back then) has fallen, I would suspect. Public education has more to do with providing income for government union members than it has to do with educational outcomes. 

    1. When I got to the second item I knew something was wrong. Gawker media has story under the title "This Viral List About 1915 Is Full of Lies" that looks deeper than I was willing.