Superabundance

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Stack of money coins with retro alarm clock
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The Good Old Days Were Really Expensive

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 ›
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Man walking on campus or university
Man walking on campus or university

TVs Versus Degrees

Government heavily subsidizes demand and restricts supply in higher education. We should not be surprised when this translates into much higher prices. Read More ›
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Lovely christmas tree with beautifuly packed presents boxes under it
Lovely christmas tree with beautifuly packed presents boxes under it

The 12 Items of Christmas and Abundance

Wage growth outpaced 11 of the 12 items reviewed. Read More ›
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Family praying holding hands at Thanksgiving table. Flat-lay of feasting peoples hands over Friendsgiving table with Autumn food, candles, roasted turkey and pumpkin pie over wooden table, top view
Family praying holding hands at Thanksgiving table. Flat-lay of feasting peoples hands over Friendsgiving table with Autumn food, candles, roasted turkey and pumpkin pie over wooden table, top view

Thanksgiving will be 13 Percent More Abundant This Year

Remember it’s not how expensive things are, it’s how affordable they are that counts. To measure affordability we must compare prices to wages. Read More ›
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the interior metal manufacturing the view from the top
the interior metal manufacturing the view from the top

George Will: Progressive Gloom Ignores a Marvelous Historical Economic Measure

In “Life After Capitalism,” George Gilder, citing Marian L. Tupy and Gale L. Pooley in the Cato Institute’s volume “Superabundance,” writes that “between 1980 and 2022, workers have been able to buy some 300 percent more goods and services with their hours and minutes.” The secret sauce is applied knowledge. Read More ›
Superabundance

Review of Superabundance on RealClearMarkets

Ronald Reagan said “There are no limits to growth and human progress when men and women are free to follow their dreams.” In Superabundance: The Story of Population Growth, Innovation, and Human Flourishing on an Infinitely Bountiful Planet the Cato Institute’s Marian Tupy and Brigham Young professor Gale Pooley make a cogent, empirically-grounded case for Reagan’s full-throated optimism. Read More ›