
The Declining Time Price of Kilowatt-Hours
We're getting more energy for less time.
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.
We're getting more energy for less time.
Gale L. Pooley —
US corn yields are increasing 3.56 times faster than population.
Gale L. Pooley —
Compared to the early 1970s, we get 74 percent more square feet of housing per person, per percent of household income.
Gale L. Pooley —
Compared to 1900, we have 8.28 million fewer farmers today with 263.7 million more people. And we live 30 years longer.
Gale L. Pooley —
Blog Post | Energy & Natural Resources
Earth was 518.4 percent more abundant in 2024 than it was in 1980.
Gale L. Pooley, Marian L. Tupy —
Always compare prices to hourly wages to understand the true change in living standards.
Gale L. Pooley —
The money price of eggs is higher than in 1919, but the time price is lower.
Gale L. Pooley —
Since 1950, the global population has increased by 229 percent while the time price of gasoline fell by 35 percent.
Gale L. Pooley —