Current:Home > MarketsHow Stuff Gets Cheaper (Classic)-LoTradeCoin
How Stuff Gets Cheaper (Classic)
View Date:2024-12-24 07:05:07
Note: This episode originally ran in 2014.
We tend to get obsessed with things that get more expensive over time — college tuition, say, or health care. But lots of things have actually gotten cheaper in real terms. Things made by machines. Things like consumer electronics.
Some new gadget comes out with a $1,000 price tag. Two years later it costs $500. There's no law of nature that says this must be so. And yet it happens year after year.
On today's classic episode, we visit a company called Monoprice. And we go into a room where people sit all day and try to make stuff get cheaper.
Music: "Amber Lights" and "Slide by Slide."
Find us: Twitter / Facebook / Instagram / TikTok
Subscribe to our show on Apple Podcasts, Pocket Casts and NPR One.
Want high-quality economic news at impossible-to-beat prices? Subscribe to the Newsletter.
veryGood! (13318)
Related
- Jason Kelce Offers Up NSFW Explanation for Why Men Have Beards
- NHL playoffs schedule today: Times, TV for Islanders vs. Hurricanes, Maple Leafs vs. Bruins
- House on the brink of approving Ukraine and Israel aid after months of struggle
- Looking to submit this year's FAFSA? Here is how the application works and its eligibility
- Pete Alonso's best free agent fits: Will Mets bring back Polar Bear?
- Harry Styles fan sentenced to prison for stalking the Grammy-winning singer: Reports
- A cop ran a light going 88 mph and killed a young father of twins. He still has his badge
- Taylor Swift’s New PDA Video With Travis Kelce Puts Their Alchemy on Display
- Sister Wives’ Christine Brown Shares Glimpse Into Honeymoon One Year After Marrying David Woolley
- North Carolina officer fatally shoots man suspected of killing other man
Ranking
- Solawave Black Friday Sale: Don't Miss Buy 1, Get 1 Free on Age-Defying Red Light Devices
- Can you use hyaluronic acid with retinol? A dermatologist breaks it down.
- Key players: Who’s who at Donald Trump’s hush money criminal trial
- Man dies after setting himself on fire near Trump trial courthouse in NYC. Here's what we know so far.
- Tesla issues 6th Cybertruck recall this year, with over 2,400 vehicles affected
- A rabbi serving 30 years to life in his wife’s contract killing has died, prison officials say
- A conspiracy theorist set himself on fire outside of Donald Trump's hush money trial: cops
- We're Making a Splash With This Aquamarine Cast Check In
Recommendation
-
New Yorkers vent their feelings over the election and the Knicks via subway tunnel sticky notes
-
Get Your Activewear Essentials for Less at Kohl’s, Including Sales on Nike, Adidas, Champions & More
-
Bruce Willis Holds Rumer Willis' Daughter Lou in Heartwarming Photo Shared on Toddler's First Birthday
-
Cold case playing cards in Mississippi jails aim to solve murders, disappearances
-
Is the stock market open on Veterans Day? What to know ahead of the federal holiday
-
Joel Embiid returns after injury scare, but Knicks take Game 1 against 76ers
-
Record Store Day celebrates indie retail music sellers as they ride vinyl’s popularity wave
-
All the Stars Who Have Dated Their Own Celebrity Crushes