After analyzing the prices of hundreds of commodities, goods, and services spanning two centuries, Marian Tupy and Gale Pooley found that resources became more abundant as the population grew. That was especially true when they looked at “time prices,” which represent the length of time that people must work to buy something.
Marian L. Tupy is a senior fellow at the Cato Institute’s Center for Global Liberty and Prosperity, coauthor of Ten Global Trends Every Smart Person Should Know: And Many Others You Will Find Interesting, coauthor of the Simon Abundance Index, and editor of the website HumanProgress.org.
Book discussed: Superabundance
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