Reducing prices at IKEA

Oliver Roeder writes for FiveThirtyEight about how some IKEA products have become cheaper over time:

The Poäng debuted at a fraction of the price of the Aalto, and now, after a steep price decline, the Poäng sells at a fraction of its original price. Furniture has generally gotten cheaper relative to other goods over the years — likely due to effects of globalization — but this chair’s trend stands out. In the early 1990s, the chair couldn’t be had for less than $300, adjusted for inflation. Today, it’s $79. (The average piece of $300 dollar furniture in 1990 would cost about $151 today, per the consumer price index for furniture and bedding.)

And what about the other products, that don’t become cheaper?

There is a sort of evolutionary dynamic at play in the annual Ikea catalog: survival of the fittest furniture. She noticed that the company tends to discontinue products that remain expensive. “If they can’t figure out how to make them more cheaply, or retool them or slightly redesign them, it seems like the things disappear,” she said.

Harry and the rest of the Connick Jrs

1: The rise of phone reading

Since the release of the bigger, sharper iPhone 6 and 6 Plus last September, Apple has seen an increase in the number of people downloading books onto iPhones through its iBooks app. Some 45% of iBooks purchases are now downloaded onto iPhones, an Apple spokeswoman said. Before that, only 28% were downloaded onto phones, with most of the remainder downloaded onto iPads and a small percentage onto computers.

2: Europe shouldn’t worry about migrants. It should worry about creeping fascism

The greatest threat to our “way of life” is not migration. It is that we will swallow the lie that some human lives matter less than others.

3: One of these images is Jupiter’s moon Europa, the rest are frying pans

4: ‘Space Jam’ forever: The website that wouldn’t die

How a ragtag group of young coders skirted the studio and created a pop culture sensation that’s still standing two decades later.

5: The danger of being neighborly without a permit

All over America, people have put small ‘give one, take one’ book exchanges in front of their homes. Then they were told to tear them down.

6: How SETI will understand messages broadcast by an alien intelligence

Imagine the day when we finally receive a signal from an extraterrestrial intelligence, only to find that there’s a message embedded within. Given that we don’t speak the same language, how could we ever hope to make sense of it? We spoke to the experts to find out.

7: Guy annoys girlfriend with puns at Ikea

This is funnier than it should be.

8: A conspiracy theorist’s guide to understanding Anna Kendrick’s 2012 film “Pitch Perfect.”

How long was Harry and the rest of the Connick Jrs working for the Taliban?