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 ›
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 ›
There are now eight billion people living on the planet. Is there enough room for all of us? Are we going to run out of food and other resources? Discovery Institute Senior Fellow Gale Pooley's co-author Marian Tupy, Senior Fellow at the Cato Institute, discusses their new book Superabundance and examines whether or not these fears are valid. His answer may surprise you. Read More ›
Escaping grinding deprivation has been the aspiration of humanity since the dawn of time. Now that many of the planet’s peoples are blessed with sufficient means of survival — and some with plenty — a trendy narrative threatens to turn the dream into a nightmare. Read More ›
In Superabundance, economists Gale Pooley and Marian Tupy show just how extraordinarily better off Americans are today than we were even a few decades ago—and how remarkably our well-being has improved over time. Read More ›