As I sip my morning coffee, caught this on Instapundit:
SO A 16 GB FLASH CARD FOR $15.99 is a pretty good deal. But I remember how much a 16GB hard drive used to cost, and then it seems like a ridiculously unbelievable deal. If only everything got better and cheaper they way electronics do. . . . .
UPDATE: A reader emails: “The things that don’t are usually heavily regulated by the government. Coincidence?” Probably not. . . .
Emphasis added. It would be interesting to compare (maybe someone has done this) those industries (e.g., health care, energy, food) which have experienced accelerating costs not to mention increased bankruptcies and those flourishing. Then, compare the regulatory burden on the floundering and the flourishing industries.