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 ›
Adam Smith understood this back in 1776. If you want to get rich, have lots of people you can sell to. Large markets also allow people to develop their skills and specialize in such things as drug and software development. 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 ›
Marian Tupy and Gale Pooley on 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 ›
