Alex Sapoznik
๐ค Speaker
27
total appearances
Appearances Over Time
Podcast Appearances
Freakonomics Radio
670. Beeconomics 101
The effect was to really very, very severely limit the use of candle wax.
Freakonomics Radio
670. Beeconomics 101
So if we can put the cost of wax into perspective, if we express it as an agricultural laborer's wage, then we would say that the price of a pound of wax fell from just over five days' work in 1300.
Freakonomics Radio
670. Beeconomics 101
to just two and a half days by 1354.
Freakonomics Radio
670. Beeconomics 101
But then it falls even further so that by 1544, so after the Reformation, it's less than one day's labor to be able to afford that same pound of wax.
Freakonomics Radio
670. Beeconomics 101
And then we stare at each other blankly while wondering what to do.