The following is a letter I sent to Don Boudreaux:
Hi Don,
FXX has been doing a marathon of every Simpsons episode ever (a 12 day affair). I’ve been watching it off and on and just thought I’d share with you an observation:
According to the Simpsons, there sure isn’t any stagnation. The Simpsons, as you know, are a lower middle-class family (they often describe how much they are paycheck to paycheck, sometimes avoiding foods like steak because they can’t afford it). So, much of what the family owns would be placed in that category. As I am watching, it is amazing how much the family’s standard of living rises. In the early 90’s, for example, there is just one car, a big ol’ TV set, etc. By 2000, the family has 2 cars, and a “regular” TV. By 2013, they now have a big-screen flat panel TV. Homer still…
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