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Food processors cost less in terms of labor time than in 1979.

Processing Food for Less, When Cost Is Measured in Labor Time

By Chelsea Follett @Chellivia

If you like to cook, then here is some good news: food processors cost less than in 1979, when cost is measured in hours of labor. This falls in line with the trend of many material goods being “on sale” when compared to 1979
 
 

 
 

Chelsea Follett is the managing editor of HumanProgress.org and a policy analyst in the Cato Institute’s Center for Global Liberty and Prosperity.

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