Growth

Young woman cycling in the park at sunset

^{Gale Pooley
July 24, 2024
Growth}

Things Used to Cost Less but They Were Much More Expensive

_{Gale Pooley
July 24, 2024
Growth}

We buy things with money, but we pay for them with our time. This means there is a money price, which is expressed in dollars and cents, and a time price, which is expressed in hours and minutes. A time price is simply the money price divided by hourly wages. Take, for example, the bicycle. Read More ›

^{Center on Wealth & Poverty
July 9, 2024
Growth}

Superabundance Featured by John Stossel — and Reposted by Elon Musk!

_{Center on Wealth & Poverty
July 9, 2024
Growth}

On Monday, John Stossel featured Superabundance in a video titled "The Scaremongers Are Wrong," encouraging people to ignore the apocalyptic messages from climate activists and have more babies. Elon Musk reposted the video. Read More ›

Round salted cracker cookies in wooden bowl putting on linen and wooden background.

^{Gale Pooley
July 9, 2024
Growth}

Ritz Abundance

_{Gale Pooley
July 9, 2024
Growth}

Joseph (Jake) Klein recently wrote a great article about Ritz Crackers. He notes that they were introduced in 1934 at a price of 19 cents for a one pound box. There are around 8.75 crackers per ounce so a 16-ounce box would yield around 140 of the tasty wafers. Ritz outsold every other cracker their first year on the market. Read More ›

^{Gale Pooley
May 8, 2024
Growth}

Strawberries In The U.S. Grew 2,755 Percent More Abundant Since 1960

_{Gale Pooley
May 8, 2024
Growth}

Researchers at UC Davis have documented the tremendous growth in yields for strawberries in California. Genetic gains from breeding and production advances increased yields by 2,755 percent from the early 1960s. The strawberry joins wheat, rice, and other staple crops of the Green Revolution. Read More ›

^{Scott S. Powell
April 9, 2024
Growth, Wealth Creation}

The U.S. Has No Choice but to Undertake Radical Economic Change

_{Scott S. Powell
April 9, 2024
Growth, Wealth Creation}

Burdened with $34.5 trillion in national debt that is currently growing by $1 trillion every 100 days, the U.S. economy is headed for disaster. It falls on the next administration to change that trajectory while also introducing policies that increase and broaden economic growth and wealth creation for everyone. Read More ›

Due to Coronavirus Covid-19 airline fleet parked at the taxiway of Airport

^{Gale Pooley
March 27, 2024
Free Enterprise, Growth}

The Abundance of Air Travel Since 1970

_{Gale Pooley
March 27, 2024
Free Enterprise, Growth}

Transcontinental flights were once a luxury. Now they are affordable for almost everyone. Free-market entrepreneurial capitalism isn’t about making more luxuries for the wealthy, it’s about making luxuries common for the average person. Read More ›

Stack of money coins with retro alarm clock

^{Gale Pooley
March 20, 2024
Growth}

The Good Old Days Were Really Expensive

_{Gale Pooley
March 20, 2024
Growth}

We buy things with money but pay for them with our time. Money prices are expressed in dollars and cents, while time prices are expressed in hours and minutes. A time price is simply the money price divided by hourly income. Read More ›

^{Gale Pooley
March 7, 2024
Growth}

Coca-Cola Abundance

_{Gale Pooley
March 7, 2024
Growth}

Unskilled workers are getting 214.7 percent more than their 1959 counterparts. Read More ›

woman hand hold supermarket shopping cart with abstract blur organic fresh fruits and vegetable on shelves in grocery store defocused bokeh light background

^{Gale Pooley
January 31, 2024
Growth}

Time Pricing Mark Perry’s Chart of the Century

_{Gale Pooley
January 31, 2024
Growth}

Time prices are a better way to measure standards of living. Read More ›

^{Gale Pooley
January 17, 2024
Growth}

TVs Versus Degrees

_{Gale Pooley
January 17, 2024
Growth}

Government heavily subsidizes demand and restricts supply in higher education. We should not be surprised when this translates into much higher prices. Read More ›