prices

retro television with christmas hat on yellow background

^{Gale Pooley
December 21, 2021
Wealth Creation}

Visualizing Christmas Abundance

_{Gale Pooley
December 21, 2021
Wealth Creation}

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 ›

Different household appliances on table in kitchen

^{Gale Pooley
November 16, 2021
Wealth Creation}

Kitchen Appliance Abundance

_{Gale Pooley
November 16, 2021
Wealth Creation}

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 ›

^{Gale Pooley
October 21, 2021
Wealth Creation}

The Reason We Are So Rich Is That There Are So Many of Us

_{Gale Pooley
October 21, 2021
Wealth Creation}

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 ›

Three smartphones close-up on a white background.

^{Gale Pooley
October 6, 2021
Growth}

Apple Created $103 Trillion in Consumer Value

_{Gale Pooley
October 6, 2021
Growth}

ale University economist and co-winner of the 2018 Nobel Prize in Economics, William Nordhaus, estimated that producers capture around 2.2 percent of the benefits of technological advances. That would leave 97.8 percent of those benefits to the consumers of those products. Read More ›

^{Nathan Lewis
October 1, 2021
Free Enterprise}

Prescription Drugs Should Be Almost Free, And Actually, They Already Are

_{Nathan Lewis
October 1, 2021
Free Enterprise}

For a long time, people have been debating drug prices in the United States. This is stupid. Today, about 90% of all prescriptions are for generic drugs. Probably, the percentage should be higher than this (it is 97% in China). Generic prescription drugs should be like Tylenol — almost free. Actually, they already are almost free. Read More ›

Breakfast with bacon, eggs, pancakes, and toast

^{Gale Pooley
August 18, 2021
Wealth Creation}

Breakfast Bounty

_{Gale Pooley
August 18, 2021
Wealth Creation}

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 ›

Hot fried bacon pieces in a cast iron skillet.top view

^{Gale Pooley
August 15, 2021
Wealth Creation}

Bacon Innovation

_{Gale Pooley
August 15, 2021
Wealth Creation}

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 ›

penny-farthing, high wheel retro bike on wood floor

^{Gale Pooley
August 1, 2021}

Bicycles on Sale: 95.4% Off

_{Gale Pooley
August 1, 2021}

In 1910 it took 66.4 hours to earn the money to buy a bicycle. Today it takes only three. The time price has fallen by 95.4 percent. You get 22 bicycles today for the time price of one in 1910. Read More ›

Incandescent light bulb hangs in the dark room

^{Gale Pooley
July 28, 2021
Growth}

Light Has Burst Forth in Astonishing Abundance

_{Gale Pooley
July 28, 2021
Growth}

Since 1830 global light abundance has increased by 43,874,900 percent. Every one percent increase in population corresponded to a 79,773 percent increase in global light abundance. Read More ›

^{Gale Pooley and Marian Tupy
July 1, 2021
Growth}

Life Has Gotten Sweeter – Literally!

_{Gale Pooley and Marian Tupy
July 1, 2021
Growth}

Trade benefits humanity in a myriad of ways. It allows us to discover the true value of goods and services. It promotes cooperation by building trust between contracting parties. And, most obviously, it enables us to buy goods and services that we would not be able to produce ourselves. Read More ›