Gale Pooley

copper-ore-stockpack-adobe-stock-345481448-stockpack-adobe_stock
copper ore
Image Credit: Sebastian - Adobe Stock
Gale Pooley
January 27, 2025
Growth
3

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

Gale Pooley
January 27, 2025
Growth
3
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 ›
show-a-visual-representation-of-the-time-value-of-money-conc-758912927-stockpack-adobe_stock
Show a visual representation of the time value of money concept, perhaps with an hourglass symbolizing the passage of time and its effect on the value of money.
Image Credit: PT - Adobe Stock
Gale Pooley
January 2, 2025
Growth
3

The Right Question Is How Much Time Does It Cost?

Gale Pooley
January 2, 2025
Growth
3
One of the reasons we love money is that it makes trading easier. Everyone will take money in a trade. Much harder to trade for shoes or bread or economics lessons. Pricing things in dollars and cents gives us a quick way to calculate how products relate to each other. But money has a fundamental problem. Read More ›
time-is-money-stockpack-adobe-stock-63775877-stockpack-adobe_stock
Time is money
Image Credit: Artem Malov - Adobe Stock
Gale Pooley
December 9, 2024
Growth
4

Time Equality is Rapidly Increasing

Gale Pooley
December 9, 2024
Growth
4
Jordan Peterson’s Rule No. 4 says you should “Compare yourself to who you were yesterday, not to who someone else is today.” Since we each get exactly 24 hours in a day and no one can buy time (otherwise rich people would never die), isn’t it better to compare differences in how we spend our time? Read More ›
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Young woman cycling in the park at sunset
Licensed via Adobe Stock
Gale Pooley
July 24, 2024
Growth
4

Things Used to Cost Less but They Were Much More Expensive

Gale Pooley
July 24, 2024
Growth
4
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 ›
round-salted-cracker-cookies-in-wooden-bowl-putting-on-linen-and-wooden-background-stockpack-adobe-stock
Round salted cracker cookies in wooden bowl putting on linen and wooden background.
Licensed via Adobe Stock
Gale Pooley
July 9, 2024
Growth
2

Ritz Abundance

Gale Pooley
July 9, 2024
Growth
2
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 ›
woman-holding-strawberries-adobe-stock
Woman holding strawberries
Licensed via Adobe Stock
Gale Pooley
May 8, 2024
Growth
2

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

Gale Pooley
May 8, 2024
Growth
2
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 ›
time-and-money-adobe-stock
Licensed via Adobe Stock
Gale Pooley
April 15, 2024
Principles
2

Money Is Time and Time Flies

Gale Pooley
April 15, 2024
Principles
2
On April 21, 1787, the Congress of the Confederation of the United States authorized a design for an official copper penny, later referred to as the Fugio cent because of its image of the Sun and its light shining down on a sundial with the caption, Fugio. Fugio is Latin for “I flee/fly”, referring to time flying by. Read More ›