Posts Tagged ‘George Laurer’

  • Bar Code Labor Productivity

    The Unexpected Impact of the First Bar Code

    Apr 3, 14 • 232 Views • Businesses, Demand, Supply, and Markets, Economic Growth, Economic History, Economic Thinkers, Innovation, Labor, Macroeconomic Measurement, Tech, Thinking EconomicallyNo Comments

    A 10-pack of Wrigley’s Juicy Fruit gum was the first item ever to have a barcode checkout. The year was 1974 and the place, a Marsh Supermarket in Troy, Ohio. While for decades, people had been trying to figure out a product identification system, the