<html><head><meta http-equiv="content-type" content="text/html; charset=utf-8"></head><body dir="auto"><div><div>On Jul 21, 2016, at 9:10 AM, Dave Sill <<a href="mailto:sparge@gmail.com">sparge@gmail.com</a>> wrote:</div><br></div><blockquote type="cite"><div><div dir="ltr"><div>On Wed, Jul 20, 2016 at 10:39 PM, John Clark <<a href="mailto:johnkclark@gmail.com">johnkclark@gmail.com</a>> wrote:<br>><br>> On Wed, Jul 20, 2016 spike <<a href="mailto:spike66@att.net">spike66@att.net</a>> wrote:<br>> <br>>>> There is another factor here: we always assume growth. <br>><br>> A pretty good long tern assumption if technological progress doesn't stop dead in its tracks.<br><br></div>There's an interesting article in The New Yorker about LED "light bulbs" and planned obsolescence:<br><div><br><a href="http://www.newyorker.com/business/currency/the-l-e-d-quandary-why-theres-no-such-thing-as-built-to-last">http://www.newyorker.com/business/currency/the-l-e-d-quandary-why-theres-no-such-thing-as-built-to-last</a><br><br></div><div>I'm not sure it's safe to equate technological progress with economic growth.</div></div></div></blockquote><br><div><div><div><span style="background-color: rgba(255, 255, 255, 0);">Didn't the Phoebus cartel faced competition? And didn't it also rely on patent protection, a government intervention into the market?</span></div><div><span style="background-color: rgba(255, 255, 255, 0);"><br></span></div><div><span style="background-color: rgba(255, 255, 255, 0);">See also:</span></div><div><span style="background-color: rgba(255, 255, 255, 0);"><br></span></div><div><a href="http://spectrum.ieee.org/geek-life/history/the-great-lightbulb-conspiracy">http://spectrum.ieee.org/geek-life/history/the-great-lightbulb-conspiracy</a><span style="background-color: rgba(255, 255, 255, 0);"><br><br></span></div><div style="line-height: normal;"><span style="line-height: 20px; background-color: rgba(255, 255, 255, 0);">Regards,</span></div><div style="line-height: normal;"><span style="line-height: 20px; background-color: rgba(255, 255, 255, 0);"><br></span></div><div><div style="line-height: normal;"><span style="line-height: 20px; background-color: rgba(255, 255, 255, 0);">Dan</span></div><div style="line-height: normal;"><div style="line-height: normal;"><span style="background-color: rgba(255, 255, 255, 0);"> Sample my latest Kindle book, "The Late Mr. Gurlitt," at:</span></div><a dir="ltr" href="http://mybook.to/Gurlitt" x-apple-data-detectors="true" x-apple-data-detectors-type="link" x-apple-data-detectors-result="1" style="background-color: rgba(255, 255, 255, 0);"><font color="#000000">http://mybook.to/Gurlitt</font></a></div><div><br></div><div style="line-height: normal;"></div></div></div></div></body></html>