Daniel Pereira de Melo

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When a business traveler calls home to talk to her children via Skype, that may add zero to GDP, but it’s hardly worthless. Even the wealthiest robber baron would have been unable to buy this service. How do we measure the benefits of free goods or services that were unavailable at any price in previous eras?
The Second Machine Age: Work, Progress, and Prosperity in a Time of Brilliant Technologies
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