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A Beginner's Guide to Superabundance: The New Economics of Time Prices
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A Beginner’s Guide to Superabundance

The New Economics of Time Prices

This illustrated beginner’s guide to the book Superabundance provides a new way to measure our standard of living by using time rather than money. By examining such things as water, bicycles, television, and music, students will learn how to calculate abundance on both a personal and population level.

• Published By Cato Institute
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Generations of people have been taught that population growth makes resources scarcer. However, Superabundance authors Marian Tupy and Gale Pooley have found that not only have resources become more abundant as the population has grown but that resource abundance has increased faster than the population―a relationship that they call “superabundance.”

This illustrated beginner’s guide to the book Superabundance provides a new way to measure our standard of living by using time rather than money. By examining such things as water, bicycles, television, and music, students will learn how to calculate abundance on both a personal and population level. Author Gale Pooley also offers a model for understanding how innovation works and the different types of capital involved.

The world is experiencing an astonishing increase in knowledge, and the concepts in both Superabundance and The Beginner’s Guide to Superabundance provide great hope that humanity can continue to discover and create.

Superabundance cover
Related Book

Superabundance: The Story of Population Growth, Innovation, and Human Flourishing on an Infinitely Bountiful Planet

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.

About the author

Gale L. Pooley teaches U.S. economic history at Utah Tech University. He has taught economics and statistics at Alfaisal University in Riyadh, Saudi Arabia, Brigham Young University-Idaho, Boise State University, and the College of Idaho. Dr. Pooley earned his BBA in Economics at Boise State University. He did graduate work at Montana State University and completed his PhD at the University of Idaho. His dissertation topic was on the Knowledge Acquisition Preferences of the CEOs of the Inc. 500.