wealth creation

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Three smartphones close-up on a white background.
Three smartphones close-up on a white background.

Apple Created $103 Trillion in Consumer Value

ale University economist and co-winner of the 2018 Nobel Prize in Economics, William Nordhaus, estimated that producers capture around 2.2 percent of the benefits of technological advances. That would leave 97.8 percent of those benefits to the consumers of those products. Read More ›