Prices in Labour Hours

Repeated cycles of the activities called capitalism lead over time to prices going down, as business seek ever more efficient and productive allocations of land, labour and capital. Below are two examples from Human Progress, possibly the best empirical resource for lay people interested in human welfare over time on the internet.

As should be obvious, the prices of these goods are ever-falling because of the activities of their producers.

Any counter arguments at all, whatsoever?

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