Wednesday, January 11, 2012

The Incremental Value Of Consumer Amenities Is Relative To What You Already Have Access To

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The same light bulb and television that my son doesn't think about leaving on as he comes downstairs and turns on a different light and television is a consumer privilege that many people around the world do not have access to.

On an incremental basis the addition of one light bulb allowed the school girl shown in the video above to expand the time that she had for reading and academic pursuits.  

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