Blog Post | Cost of Material Goods
The Steep Climb of Bicycle Abundance
Entry-level workers can get 20.9 bicycles today for the time it took to earn one in 1910.
Professor Gale L. Pooley teaches U.S. economic history at Utah Tech University. He is an adjunct scholar at the Cato Institute, a senior fellow at the Discovery Institute, and a board member of HumanProgress.org.
Blog Post | Cost of Material Goods
Entry-level workers can get 20.9 bicycles today for the time it took to earn one in 1910.
Gale L. Pooley —
Measure the time needed to earn the money to pay for a meal. That’s what matters.
Marian L. Tupy, Gale L. Pooley —
Blog Post | Cost of Material Goods
Since 1990, grocery abundance has increased by 43.2 percent and pizza abundance by 285 percent for blue-collar workers. If you were upskilling, it was 186 percent for groceries and 610 percent for pizzas.
Gale L. Pooley —
Blog Post | Cost of Material Goods
Get 14.5 toys today for the price of one in 1978.
Gale L. Pooley —
Housing amenity abundance has increased significantly since 1956.
Gale L. Pooley —
Innovation has served Iceland for 1,150 years. Why change a working recipe?
Gale L. Pooley —
The time price of a Thanksgiving dinner for 10 people has dropped 45.3 percent, from 3.22 hours in 1986 to 1.76 hours today.
Gale L. Pooley —
Blog Post | Energy Consumption
Light abundance has increased by 100,435,912 percent since 1830.
Gale L. Pooley —