From 1980 to 2020, every one percent increase in population corresponded to a four percent increase in personal resource abundance and an eight percent increase in global resource abundance. Read More ›
If space tourism can innovate as fast as computer technology, we all get to ride. Every flight yields new knowledge. Learning curves reduce costs 20 to 30 percent for each doubling of output. Read More ›
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 ›
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 ›
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 ›
Contrary to what your late-night infomercial might be saying, real estate is not just about location, location, location. It is primarily about financing, financing, financing. Read More ›
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 ›
And so, as you listen to the purveyors of doom on the television and the radio, and read apocalyptic predictions of humanity’s future on Twitter and in the newspapers, bear in mind that with every hungry mouth comes a pair of hands and a brain capable of thought, planning, and innovation. Read More ›