The quantity of things is important, but it’s the value of things that count. And value can change as fast as people can change their minds. Read More ›
Are resources becoming more or less abundant? To answer this question we analyzed the change in the time prices of 50 basic commodities from 1980 to 2020. Recall that 1980 was the year Julian Simon and Paul Ehrlich entered into their famous 10-year $1,000 bet on the price of five metals. Read More ›
From 1980 to 2020, every one percent increase in population corresponded to a four percent increase in personal resource abundance and an eight percent increase in global resource abundance. Read More ›