Abundance

Opened fridge from the inside full of vegetables, fruits and other groceries.

^{Gale Pooley
January 7, 2026
Abundance

3}

Ice vs. Electricity

_{Gale Pooley
January 7, 2026
Abundance

3}

In 1925, households kept food cool with iceboxes—wooden insulated cabinets chilled by a block of ice. Depending on size and quality, they typically cost between $15 and $50. With entry-level workers earning about 25 cents an hour, a $35 icebox carried a time price of 140 hours. Read More ›

Light brown kitchen cabinetry and brick tile back splash trim

^{Gale Pooley
November 26, 2025
Abundance

2}

Housing Amenity Abundance

_{Gale Pooley
November 26, 2025
Abundance

2}

1956 was a remarkable year. Some have suggested it was the golden year for housing, but the facts tell a much different story. Jeremy Horpendahl did an analysis on housing amenities and found the following... Read More ›

panoramic view of reykjavik at wintertime, iceland

^{Gale Pooley
November 3, 2025
Abundance, Principles

8}

Iceland: More Entrepreneurs or More Bureaucrats?

_{Gale Pooley
November 3, 2025
Abundance, Principles

8}

For Iceland to thrive, it must continue to unleash its creative energy—to innovate, to speak, and to let knowledge flow as freely as its geothermal springs. Iceland is proof that wealth is not in the ground but in the mind. When faced with the scarcity of matter, Icelanders discovered the infinite power of knowledge. Read More ›

Ants carry the leaves back to build their nests, carrying leaves, close-up. sunlight background. Concept team work together.

^{Gale Pooley
July 23, 2025
Abundance, Politics

7}

Disney’s Best Economics Cartoon

_{Gale Pooley
July 23, 2025
Abundance, Politics

7}

If you've overlooked A Bug's Life, you've bypassed one of the most uplifting films ever crafted. This animated triumph ranks among the most profound celebrations of libertarian principles on screen, championing the creative spark that drives human progress. It's perhaps no coincidence the film debuted in that innovative year of 1998, the same year as the founding of Google and PayPal, and the launch of the Apple iMac. Read More ›

Young asian father and daughter open refrigerator at home looking for some food

^{Gale Pooley
July 7, 2025
Abundance

6}

Innovation or Longevity?

_{Gale Pooley
July 7, 2025
Abundance

6}

On a recent flight from Utah to Washington DC I made a new friend when I told him that I was going to give a presentation on how our planet was infinitely bountiful. Most people are shocked when you tell them that resources will be fine but that there’re not enough people. They’ve been told all their lives that we live on a finite planet with finite resources and that if life left is “unchecked” life will cease to exist. We had a great discussion for four hours, during which he made an important observation: products today don’t seem like they last as long as they used to. Read More ›

Large modern warehouse with forklifts and stack of car tires

^{Gale Pooley
June 16, 2025
Abundance

3}

Tire Abundance

_{Gale Pooley
June 16, 2025
Abundance

3}

Walmart sells the Goodyear Reliant 195/60R15 88V All-Season Tire for $77. Unskilled workers today are earning around $17.17 an hour, indicating a time price of 4.46 hours. For the time it took to earn the money to buy a single tire in 1920, you get 20 of them today. Read More ›

Investment strategies illuminating financial growth with coins and light bulbs

^{Paul Krause
May 19, 2025
Abundance

12}

Information Economics: George Gilder’s “Life After Capitalism”

_{Paul Krause
May 19, 2025
Abundance

12}

What underpins this understanding of economics is what George Gilder calls the "materialist superstition." From the capitalism of Adam Smith and David Ricardo to the socialism of Karl Marx, classical economics to socialist economics rest on the assumed pillar of Newtonian determinism and static materialism. There is also only so much matter to go around, the materialist superstition has us believe, therefore, no amount of incentives and technological innovation can avoid the fact that we will run out of material goods. Read More ›

saving energy and money concept. idea for save or investment. businessman holding lightbulb beside piggy bank and coins stacking on desk with note book.

^{Gale Pooley and George Gilder
May 2, 2025
Abundance

3}

The Virtues of the “Knowledge Theory of Value”

_{Gale Pooley and George Gilder
May 2, 2025
Abundance

3}

Kevin Hoover suggests that William Nordhaus relied on the labor theory of value in his paper on light (Letters, April 24). Yet Nordhaus actually used knowledge, not labor. He offered a method to measure innovation: the discovery and sharing of valuable new knowledge. Nordhaus measured the amount of knowledge per unit of time and observed that knowledge about light was growing exponentially, surpassing traditional measures of economic development. It is the time price over time that truly deserves our attention. Read More ›

Alarm clock and dollars, close up. Time is money. Gray alarm clock on money banknotes Dollars, concept of business planning and finance. Finance concept with alarm clock and money in jar

^{George Gilder and Gale Pooley
April 17, 2025
Abundance

6}

We Should Measure Prices in Time

_{George Gilder and Gale Pooley
April 17, 2025
Abundance

6}

How can the laws of enterprise and business consulting diverge so significantly from the accepted wisdom of economic analysis and political rhetoric? More baffling, how is it that products are becoming simultaneously more expensive and more affordable? This paradox is possible because while we buy things with money, we actually pay for them with our time—not in dollars and cents but in hours and minutes of work. Read More ›

^{Gale Pooley
April 14, 2025
Abundance

1}

AH (Artificial Horses) Made Farmers 62.5 Times More Productive

_{Gale Pooley
April 14, 2025
Abundance

1}

In 1800, the U.S. Census Bureau recorded a population of 5.3 million. Roughly half — about 2.65 million — were farmers. Today, the U.S. population is nearing 340 million, yet the number of farmers has risen only slightly to 2.72 million. Back then, one farmer fed just two people. Today, each farmer feeds 125. Read More ›