Wednesday, September 20, 2006

The Measurement of Quality of Life

This excellent article gets us a bit ahead of ourselves, but asks the question: How do snowblowers quantify our quality of life? Measurement of the quality of life is subjective, with technology and productivity having advanced our standard of living. Has inflation been overstated, without lower prices for advances in supplyleading to lower prices? We will fully examine this question in this course, but for now, it is an interesting thought piece.

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