abundance

ants-carry-the-leaves-back-to-build-their-nests-carrying-lea-512722548-stockpack-adobestock
Ants carry the leaves back to build their nests, carrying leaves, close-up. sunlight background. Concept team work together.
Image Credit: surasak - Adobe Stock

Disney’s Best Economics Cartoon

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 ›
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Investment strategies illuminating financial growth with coins and light bulbs
Image Credit: krit - Adobe Stock

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

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-444918927-stockpack-adobestock
saving energy and money concept. idea for save or investment. businessman holding lightbulb beside piggy bank and coins stacking on desk with note book.
Image Credit: Looker_Studio - Adobe Stock

The Virtues of the “Knowledge Theory of Value”

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 ›
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copper ore
Image Credit: Sebastian - Adobe Stock

The Abundance of the Five Metals in the Simon-Ehrlich Bet

Between 1900 and 2000, global population grew by 400 percent, from 1.6 billion to 8 billion. During the same period, the production of the five metals soared: chromium increased by an astounding 78,082 percent, copper by 4,062 percent, nickel by 26,918 percent, tin by 226 percent, and tungsten by 4,829 percent. On average, production of these metals rose by an extraordinary 22,823 percent. Read More ›
Coca-Cola Cans
Photo by Pawel Czerwinski on Unsplash

Coca-Cola Abundance

Unskilled workers are getting 214.7 percent more than their 1959 counterparts. Read More ›
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Man walking on campus or university
Man walking on campus or university

TVs Versus Degrees

Government heavily subsidizes demand and restricts supply in higher education. We should not be surprised when this translates into much higher prices. Read More ›
lovely-christmas-tree-with-beautifuly-packed-presents-boxes-under-it-stockpack-adobe-stock
Lovely christmas tree with beautifuly packed presents boxes under it
Lovely christmas tree with beautifuly packed presents boxes under it

The 12 Items of Christmas and Abundance

Wage growth outpaced 11 of the 12 items reviewed. Read More ›
family-praying-holding-hands-at-thanksgiving-table-flat-lay-of-feasting-peoples-hands-over-friendsgiving-table-with-autumn-food-candles-roasted-turkey-and-pumpkin-pie-over-wooden-table-top-view-stockpack-adobe-stock
Family praying holding hands at Thanksgiving table. Flat-lay of feasting peoples hands over Friendsgiving table with Autumn food, candles, roasted turkey and pumpkin pie over wooden table, top view
Family praying holding hands at Thanksgiving table. Flat-lay of feasting peoples hands over Friendsgiving table with Autumn food, candles, roasted turkey and pumpkin pie over wooden table, top view

Thanksgiving will be 13 Percent More Abundant This Year

Remember it’s not how expensive things are, it’s how affordable they are that counts. To measure affordability we must compare prices to wages. Read More ›