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One of my earliest posts at the Cafe — dated June 28, 2004 — is on what I call "the prosperity pool [2]."
This article in today’s Wall Street Journal [3], about new technology on automobiles to help protect drivers from crashes, offers yet another example of the countless ways that our lives become materially more prosperous, almost on a daily basis, in small steps — steps so small that we seldom notice any one of them, but so large in number that they make us much wealthier than we realize.
Here’s the article’s sub-headline:
Systems Are Trickling Down From Luxury to Mainstream Vehicles
And here’s the article’s opening sentence:
Sophisticated technology that helps drivers avoid a crash is
accelerating its descent from the rarified reaches of super luxury cars.