Growth

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Three smartphones close-up on a white background.
Three smartphones close-up on a white background.

Apple Created $103 Trillion in Consumer Value

ale University economist and co-winner of the 2018 Nobel Prize in Economics, William Nordhaus, estimated that producers capture around 2.2 percent of the benefits of technological advances. That would leave 97.8 percent of those benefits to the consumers of those products. Read More ›
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DNA molecule in glass tube in hand of scientist
DNA molecule in glass tube in hand of scientist

The Fastest Learning Curve in History

In 1990 a goal was set to map the entire three-billion-letter human genome. The U.S. government spent $3.8 billion to fund the project in general with a fraction going towards the human genome sequencing. Read More ›
ponzi-scheme-text-with-document-brown-envelope-and-gavel-isolated-on-office-desk-stockpack-adobe-stock
Ponzi Scheme text with document brown envelope and gavel isolated on office desk.
Ponzi Scheme text with document brown envelope and gavel isolated on office desk.

Demographic Collapse #2: Ponzi Schemes

I have been arguing that a decline in population (“demographic collapse”) need not be a bad thing. If per-worker productivity remains high, or better yet rises considerably, then individuals and the society in general will remain wealthy and prosperous. Read More ›
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Panorama view aerial view new development neighborhood in Cedar Hill, Texas, USA in morning fall with colorful leaves. A city in Dallas and Ellis counties located 16 miles southwest of downtown
Panorama view aerial view new development neighborhood in Cedar Hill, Texas, USA in morning fall with colorful leaves. A city in Dallas and Ellis counties located 16 miles southwest of downtown

Population Growth and Resource Abundance

Are resources becoming more or less abundant? To answer this question we analyzed the change in the time prices of 50 basic commodities from 1980 to 2020. Recall that 1980 was the year Julian Simon and Paul Ehrlich entered into their famous 10-year $1,000 bet on the price of five metals. 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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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 ›
Marian Tupy and Gale Pooley on Human Progress Podcast
Marian Tupy and Gale Pooley on Human Progress Podcast

Gale Pooley Discusses The Simon Abundance Index on The Human Progress Podcast

Gale Pooley joined his colleague Marian Tupy to give an annual update on their Simon Abundance Index. Named after University of Maryland economist Julian Simon, the Simon Abundance Index measures the change in abundance of resources over a period of time. Read More ›