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Old 08-10-2011, 08:42 PM
brucds brucds is offline
 
Join Date: Jan 2007
Posts: 940
Default Re: Zelig Edition (Matthew Yglesias & Reihan Salam)

"Remember when computers were $2,000? Now, they're $500 and several thousand times faster."

Actually the ENIAC used to cost $6,000,000 in 2011 dollars, but thanks to the miracle of cheap overseas labor computers now cost much, much less. (As low as $199 if you assemble the imported components yourself, and don't count the cost of your all-American elbow-grease in terms of foreign-domestic labor value disparities.)

Why didn't someone think of this in 1945?
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