Superabundance

Alarm clock and dollars, close up. Time is money. Gray alarm clock on money banknotes Dollars, concept of business planning and finance. Finance concept with alarm clock and money in jar

^{George Gilder and Gale Pooley
April 17, 2025
Abundance

6}

We Should Measure Prices in Time

_{George Gilder and Gale Pooley
April 17, 2025
Abundance

6}

How can the laws of enterprise and business consulting diverge so significantly from the accepted wisdom of economic analysis and political rhetoric? More baffling, how is it that products are becoming simultaneously more expensive and more affordable? This paradox is possible because while we buy things with money, we actually pay for them with our time—not in dollars and cents but in hours and minutes of work. Read More ›

Account photo of a luxury cruise ship sailing in the open sea at sunset

^{Gale Pooley
March 11, 2025
Growth

4}

Cruise Ship Billionaires

_{Gale Pooley
March 11, 2025
Growth

4}

Adjusted for inflation, the Icon of the Seas cost 55 times more to build than the Mardi Gras but passengers pay 23 percent less to enjoy. How is this possible? Two words: people and knowledge. More people create larger markets. With a larger market, projects that require a high development or fixed cost become feasible because you can now spread these costs over lots more customers. Read More ›

^{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 ›

Young woman cycling in the park at sunset

^{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 ›

^{Gale Pooley
July 17, 2024
Free Enterprise

1}

Entrepreneurs Create Abundance. Bureaucrats Create Scarcity.

_{Gale Pooley
July 17, 2024
Free Enterprise

1}

Mark Perry does a great chart that illustrates the relative changes in the nominal prices of a variety of products and services. What is the difference between growing abundance and growing scarcity? In a word, government. Read More ›

^{Center on Wealth & Poverty
July 9, 2024
Growth

1}

Superabundance Featured by John Stossel — and Reposted by Elon Musk!

_{Center on Wealth & Poverty
July 9, 2024
Growth

1}

On Monday, John Stossel featured Superabundance in a video titled "The Scaremongers Are Wrong," encouraging people to ignore the apocalyptic messages from climate activists and have more babies. Elon Musk reposted the video. Read More ›

Round salted cracker cookies in wooden bowl putting on linen and wooden background.

^{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 ›

^{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 ›

Due to Coronavirus Covid-19 airline fleet parked at the taxiway of Airport

^{Gale Pooley
March 27, 2024
Free Enterprise, Growth

3}

The Abundance of Air Travel Since 1970

_{Gale Pooley
March 27, 2024
Free Enterprise, Growth

3}

Transcontinental flights were once a luxury. Now they are affordable for almost everyone. Free-market entrepreneurial capitalism isn’t about making more luxuries for the wealthy, it’s about making luxuries common for the average person. Read More ›

Stack of money coins with retro alarm clock

^{Gale Pooley
March 20, 2024
Growth

2}

The Good Old Days Were Really Expensive

_{Gale Pooley
March 20, 2024
Growth

2}

We buy things with money but pay for them with our time. Money prices are expressed in dollars and cents, while time prices are expressed in hours and minutes. A time price is simply the money price divided by hourly income. Read More ›