Category Archives: Innovation

One doesn’t usually think of electronic gadgets as being environmentally friendly. But Cato’s Marian Tupy makes a good point about the iPhone. By replacing legions of bigger, clunkier items like newspapers and magazines, alarm clocks, compasses, and even white noise machines, smart phones can drastically reduce the amount of raw materials people need to maintain a first world lifestyle.

It’s an underappreciated point about capitalism and the innovation it makes possible that should be made more often. Click here to read Marian’s post, which is accompanied by a cool graphic.