Wealth Creation

retro-television-with-christmas-hat-on-yellow-background-stockpack-adobe-stock
retro television with christmas hat on yellow background
retro television with christmas hat on yellow background

Visualizing Christmas Abundance

Enjoying a beautiful display has become 305.8 percent more abundant, growing at a compound annual rate of around 32.3 percent a year. If this trend continues, the 65 inch display in 2026 will cost around 16.77 hours of work. Read More ›
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Different household appliances on table in kitchen
Different household appliances on table in kitchen

Kitchen Appliance Abundance

As you prepare your dinner this evening, take a moment and thank the many kitchen appliance innovators who have given every home an extra 47.63 hours of life to enjoy. Read More ›
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 ›
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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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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 ›
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 ›
Chinese Yuan and US dollars on the map of China. Trade war between US and China, economic sanctions

The Real China Story

With China grabbing all the negative headlines lately, I thought it would be a good idea to step back and look at the big picture, highlighting the great triumphs of this country. Some of my readers worry that I am “soft” on China, too optimistic about the prospects for freedom there and unwary of the Chinese threat to the U.S. As one reader recently wrote, “At the end of the day China is still a communist country” that “does not recognize the right to private property” and therefore can steal our intellectual property without any twinge of conscience. I love this comment because it gets us right to the heart of things: Is China still a communist country? Not: Does China have lots of politicians who ritually declare themselves communists? (It does.) Or even a few who deep in their hearts still yearn for the good old days of Mao? (They exist.) But is China a communist country, a nation of 1.4 billion people living under anything we would recognize as communism? My answer is: “By their fruits, you shall know them.” Let me explain… Read More ›
Bill Walton

The Bill Walton Show: “Burn the Business Plan” with Carl Schramm

An entire industry – mostly government-funded – has sprung up around the idea of creating entrepreneurs. Don’t buy any of it. Don’t buy college. Don’t buy business incubators. Don’t buy mentors – you probably know more about what it takes to succeed in your business than they do. Start the business. Read More ›