Derik Graham, Chapter 9, Question 6

The section that I found most interesting about chapter 9 is the portion on "spending time."  Wheelan uses the example of stockings from 1900 and how they cost 25 cents and the average hourly age was around 15 cents. Wheelan shows how through the past years the hourly wage and price of items have increased, but shows how we have to work less time to buy goods. Using the same example Wheelan explains that 100 years later stocking are now 4 dollars but the average wage is 13 dollars. Wheelan goes on to explain that over the past century we have been able to decrease the amount of time it takes to earn goods and services. Wheelan makes the assertion that we shouldnt worry about the actual price of items increasing because the "work time" that it takes to earn them is decreasing.