« The Wages of Wal-Mart | Main | Diamond in Rough» Don Boudreaux
January 01, 2005
A New Year's Bouquet of Blessings
Don Boudreaux
Happy New Year!
This winter morning I bought a bouquet of wildflowers from the supermarket. Its price was $5.99. The flowers are fresh, beautiful, fragrant – and from Ecuador.
Ponder this fact.
For a mere one hour and eight minutes of work, a minimum-wage worker in the United States can acquire a bouquet of fresh flowers grown in South America. In other words, for 68 minutes of working in the U.S., a minimum-wage worker can take home some of the beautiful fruits of the efforts of strangers in Ecuador who plant, tend, and pick flowers – of other strangers (where?) who make the protective packing material used for shipping the flowers – of yet other strangers who pilot the planes and drive the trucks that transport these flowers fresh from Ecuador to U.S. supermarkets – and of the countless other strangers who build the planes and trucks, who fuel the planes and trucks, who pave the runways and roads used by the planes and trucks, who feed the pilots and drivers, who insure airlines, trucking companies, and supermarkets against casualty losses, who wake up at pre-dawn hours to put the flowers into an attractive display in the supermarket.
These and millions of other strangers all worked -- all cooperated -- to make it possible for me and my family to enjoy a beautiful bouquet of fresh flowers in the deep winter. And all for a mere $5.99.
Did even the kings, czars, and pharaohs of old enjoy the coordinated services of so very many productive people? No. But each one of us in the free world of 2005 does so daily.
Happy, happy 2005 to you all, whoever you are, wherever you are! May we continue to trade in peace in 2005 and beyond.
Posted by Don Boudreaux in Standard of Living | Permalink
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