Wealth & Poverty Review | Page 5

breakfast-with-bacon-eggs-pancakes-and-toast-stockpack-adobe-stock
Breakfast with bacon, eggs, pancakes, and toast
Breakfast with bacon, eggs, pancakes, and toast

Breakfast Bounty

When you enjoy breakfast tomorrow morning, take a moment to thank all those who have worked to make all of our breakfasts so bounteous. Read More ›
hot-fried-bacon-pieces-in-a-cast-iron-skillettop-view-stockpack-adobe-stock
Hot fried bacon pieces in a cast iron skillet.top view
Hot fried bacon pieces in a cast iron skillet.top view

Bacon Innovation

Without human innovation, instead of $3.68 a pound, bacon would cost $39.66. or 978 percent more. The next time you have bacon for breakfast, take a moment to smell the innovation. Read More ›
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Printing money  - 100 dollar bills
Printing money - 100 dollar bills

“Money Printing” in the 1960s

I was going to do something on the last years of Bretton Woods, involving William McChesney Martin at the Fed, and Presidents Johnson and Nixon. But, to do this properly would take some serious research, which I never got around to. (It would make a nice book.) So, today — the fiftieth anniversary of the official End of the Bretton Woods system on August 15, 1971 — we will instead take a step-by-step approach, piecing together little clues along the way. Read More ›
k9 unit road
police dog and a policeman with vintage effect on the street

Good Intentions Gone Wrong

If you have been following Washington State law recently, you are well aware of the police reform package that went into effect over a week ago and the recent legalization of drug possession. Giving the benefit of the doubt, these changes could be very well-intentioned on the part of legislatures and judges. Read More ›
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Are We Running Out? No

From 1980 to 2020, every one percent increase in population corresponded to a four percent increase in personal resource abundance and an eight percent increase in global resource abundance. Read More ›
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space shuttle
space shuttle

Space Rides in 2041: $4.53

If space tourism can innovate as fast as computer technology, we all get to ride. Every flight yields new knowledge. Learning curves reduce costs 20 to 30 percent for each doubling of output. Read More ›
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penny-farthing, high  wheel retro bike  on wood floor
penny-farthing, high wheel retro bike on wood floor

Bicycles on Sale: 95.4% Off

In 1910 it took 66.4 hours to earn the money to buy a bicycle. Today it takes only three. The time price has fallen by 95.4 percent. You get 22 bicycles today for the time price of one in 1910. Read More ›
Washington State Capitol Building
Olympia, Washington, USA - March 24, 2016: The Washington State Capitol or Legislative Building in Olympia is the home of the government of the state of Washington.

Washington State Officers Speak Out About New Law Reforms

The road to hell is paved with good intentions, and the Washington State legislature is paving that road quickly. Read More ›
incandescent-light-bulb-hangs-in-the-dark-room-stockpack-adobe-stock
Incandescent light bulb hangs in the dark room
Incandescent light bulb hangs in the dark room

Light Has Burst Forth in Astonishing Abundance

Since 1830 global light abundance has increased by 43,874,900 percent. Every one percent increase in population corresponded to a 79,773 percent increase in global light abundance. Read More ›
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Candy store
Candy store

Life Has Gotten Sweeter – Literally!

Trade benefits humanity in a myriad of ways. It allows us to discover the true value of goods and services. It promotes cooperation by building trust between contracting parties. And, most obviously, it enables us to buy goods and services that we would not be able to produce ourselves. Read More ›