prices

three-smartphones-close-up-on-a-white-background-stockpack-adobe-stock
Three smartphones close-up on a white background.
Three smartphones close-up on a white background.

Apple Created $103 Trillion in Consumer Value

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 ›
breakfast-with-bacon-eggs-pancakes-and-toast-stockpack-adobe-stock
Breakfast with bacon, eggs, pancakes, and toast
Breakfast with bacon, eggs, pancakes, and toast

Breakfast Bounty

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-skillettop-view-stockpack-adobe-stock
Hot fried bacon pieces in a cast iron skillet.top view
Hot fried bacon pieces in a cast iron skillet.top view

Bacon Innovation

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-stockpack-adobe-stock
penny-farthing, high  wheel retro bike  on wood floor
penny-farthing, high wheel retro bike on wood floor

Bicycles on Sale: 95.4% Off

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-stockpack-adobe-stock
Incandescent light bulb hangs in the dark room
Incandescent light bulb hangs in the dark room

Light Has Burst Forth in Astonishing Abundance

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 ›
candy-store-stockpack-adobe-stock
Candy store
Candy store

Life Has Gotten Sweeter – Literally!

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 ›