The Top 1% of Computers

(Todd Zywicki)

From yesterday's WSJ:

Nan Terrie learned an expensive lesson last week about the importance of property rights. "Stealing is our biggest problem at the moment," the 18-year-old protester told the New York Post. "I had my Mac stolen—that was like $5,500." Why? Because she left it in a public place, amid a crowd demanding the redistribution of wealth. Imagine that.

I wonder what percentage of Americans own a $5,500 Mac computer–less than 1%, I'd guess.






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Published on October 28, 2011 11:38
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