Growth | Page 4 | Economics

^{Gale Pooley
May 18, 2022
Growth}

Cordless Drills on Sale: Buy One, Get 41.8 Free

_{Gale Pooley
May 18, 2022
Growth}

Technically speaking, the first “cordless” drill was called a bit and brace drill invented hundreds of years ago. You can still buy one of these classics at Amazon for around $57. Read More ›

U.S. AIR FORCE ACADEMY, Colo. -- Tesla Inc. Chief Executive Officer Elon Musk speaks with Lt. Gen. Richard Clark, Superintendent of the U.S. Air Force Academy, during the Ira C. Eaker Distinguished Speaker Presentation in the Academy's Arnold Hall on April 7, 2022 in Colorado Springs, Colo. (U.S. Air Force photo by Trevor cokley)

^{Gale Pooley
May 13, 2022
Growth}

Elon Musk Gets an A in Econ. Janet Yellen Gets a D-

_{Gale Pooley
May 13, 2022
Growth}

Elon Musk and Julian Simon are right. Janet Yellen and Thanos are wrong. More human beings create much more wealth for all of us to enjoy, if given the freedom to innovate by learning and discovering new valuable knowledge to share in free markets. Invest in people. We pay the highest dividends. Read More ›

Putting money into the gas tank (high gas prices concept)

^{Gale Pooley
May 10, 2022
Growth}

Even With Historic High Gasoline Prices, You Get 62 Percent More Miles for the Same Time it Took in 1980.

_{Gale Pooley
May 10, 2022
Growth}

Yes nominal gas prices are at historic highs, but it’s not the money that counts, it’s your time. Time prices are the true prices. Read More ›

^{Gale Pooley
April 26, 2022
Growth}

Visualizing Global Resource Abundance

_{Gale Pooley
April 26, 2022
Growth}

Think pizzas. Personal resource abundance is the size of the slice. Global resource abundance is the size of the pie. Global resource abundance is the product of the size of the slice multiplied by the size of the population. Read More ›

Top down view of claw hammer and rusty nails on a plain wooden background

^{Gale Pooley
February 23, 2022
Growth}

Nailing Innovation

_{Gale Pooley
February 23, 2022
Growth}

Professor Daniel Sichel from Emory Riddle University has published an interesting paper on nails. He found that before the Industrial Revolution, it took about a minute for a skilled blacksmith or nailsmith to produce one hand-forged nail. Today, a worker can produce 3,500 nails per minute. Read More ›

Green corn field with corn cobs close up.

^{Gale Pooley
February 1, 2022
Growth}

Cornpreneurs Save Us From Davos Elites

_{Gale Pooley
February 1, 2022
Growth}

You may want to try a worm with your next meal, but there is no reason to think we are running out of corn or the land to grow the food for making appetizing steaks, wings, and chops. Read More ›

^{Gale Pooley
October 15, 2021
Growth}

More Interesting Thoughts About Time Prices

_{Gale Pooley
October 15, 2021
Growth}

Time prices offer a number of useful tools to provide additional perspectives on changes in abundance over time. Thinking in time can make much more sense than thinking in money. Read More ›

Three smartphones close-up on a white background.

^{Gale Pooley
October 6, 2021
Growth}

Apple Created $103 Trillion in Consumer Value

_{Gale Pooley
October 6, 2021
Growth}

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 ›

DNA molecule in glass tube in hand of scientist

^{Gale Pooley
September 13, 2021
Growth}

The Fastest Learning Curve in History

_{Gale Pooley
September 13, 2021
Growth}

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.

^{Nathan Lewis
September 12, 2021
Growth}

Demographic Collapse #2: Ponzi Schemes

_{Nathan Lewis
September 12, 2021
Growth}

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 ›