We fall in love with the new but not everything old is obsolete

Tim Harford: cutting edge technology can blind us to the enduring value of workhorses like the Boeing 747. In this nostalgic piece, the Financial Times' Undercover Economist contemplates British Airways' decision to stop using the legendary Boeing 747 plane model after the pandemic, and analyses the far-enduring practical values of what we consider as 'old technology' today.