Dean Hoffman wrote:

This is from the Carpe Diem site written by Mark J.
Perry. Manufacturing workers can now buy 11 appliances
with 152 hours of labor what used to cost them 886 hours
of labor back in 1959.

http://alturl.com/a7gqu or

http://www.aei.org/publication/monday-evening-links-6/

We went around on this in October 2013. As some of kind of proxy for
overall living standards, which is what AEI's Perry is implicitly
inviting readers to do, it's misleading. Liars, damn liars, and
economists.