fbpx
01 / 05
Heroes of Progress, Pt. 35: Enrico Fermi

Blog Post | Energy Production

Heroes of Progress, Pt. 35: Enrico Fermi

Introducing the man who created the world's first nuclear reactor, Enrico Fermi.

Today marks the 35th installment in a series of articles by HumanProgress.org titled Heroes of Progress. This bi-weekly column provides a short introduction to heroes who have made an extraordinary contribution to the well-being of humanity. You can find the 34th part of this series here.

This week, our hero is Enrico Fermi, the Italian-American physicist who created the world’s first nuclear reactor. Although controversial among many, nuclear power remains the main source of zero carbon energy that, scientists from NASA calculate, saved millions of people from air pollution-related deaths. Today, 26 percent of electricity in the European Union and 20 percent of electricity in the United States is generated by nuclear power. Those numbers will likely rise in the coming decades.

Enrico Fermi was born on September 29, 1901, in Rome, Italy. His father was a division head in the Ministry of Railways and his mother worked as an elementary school teacher. Even at a young age, Fermi showed a keen interest in science and could often be found building scientific contraptions, such as gyroscopes and electric motors. Fermi was baptized as a Roman Catholic, but remained an agnostic throughout his life.

In 1918, Fermi graduated from high school and won a scholarship to the prestigious Scuola Normale Superiore di Pisa, Italy. Fermi initially chose to major in mathematics, but soon switched to physics, focusing on quantum mechanics and atomic physics. The faculty were so impressed with Fermi’s intellect that they quickly put him in the doctoral program. His academic advisor Luigi Puccianti used to say Fermi was so bright that “there was little [that he] Puccianti could teach him.”

Fermi was awarded a doctorate degree in physics in 1922, when he was just 20 years old. In 1923, Fermi was awarded a scholarship by the Italian government, which allowed him to spend several months studying with renowned physicist Max Born at the University of Gottingen. Fermi also received a scholarship from the Rockefeller Foundation to study at the University of Leyden. He moved back to Italy in late 1924.

In Italy, Fermi was appointed lecturer of Mathematical Physics and Mechanics at the University of Florence – a post he would hold for two years. In 1927, he was elected Professor of Theoretical Physics at the University of Rome. In March 1929, Fermi was appointed a member of the Royal Academy of Italy by Benito Mussolini.

In the early stages of his career, Fermi primarily focused on electrodynamic problems and theoretical investigations into spectroscopic phenomena (i.e., the interaction between matter and electromagnetic radiation). In 1934, Fermi began to study the atom. He demonstrated that nuclear transformation could occur in nearly every element subjected to neutron bombardment. When he split the atom of uranium, Fermi found that the experiment led to the slowing down of neutrons, which caused nuclear fission and the production of new elements beyond the known periodic table at the time.

In 1938, Fermi was awarded the Nobel Prize in Physics “for his work with artificial radioactivity produced by neutrons, and for nuclear reactions brought about by slow neutrons.” At that time, Italy had just passed anti-Semitic laws that threatened Fermi’s Jewish wife, Laura, and put many of his research assistants out of work. When Fermi and Laura travelled to Stockholm for the Nobel Prize award ceremony, the pair decided not to return to Italy. Instead, they chose to travel with their two children to the United States.

Fermi was offered several positions across the United States and accepted a physics professorship at Columbia University in New York. While at Columbia, Fermi found that when uranium neutrons were emitted into another batch of fissioning uranium, they would split the uranium atoms and set off a chain reaction thus releasing tremendous amount of energy. Fermi worked relentlessly to pursue the idea of nuclear energy and, after moving to the University of Chicago in 1942, he successfully constructed the first artificial nuclear reactor, named “Chicago Pile-1.”

Built in a squash court situated underneath the University of Chicago’s football field, the Chicago Pile-1 was almost 25 feet in diameter. It contained 380 tons of graphite blocks, almost 6 tons of uranium metal and 40 tons of uranium oxide – all distributed in a carefully designed pattern. Construction of the reactor was completed on December 1, 1942. The next day, the reactor reached a state in which its nuclear-fission chain reaction became self-sustaining. The experiment was the first controlled nuclear chain reaction. The Chicago Pile-1 quickly became the prototype for many other large nuclear reactors that were being built across the United States.

In 1944, Fermi moved to Los Alamos and started working as an associate director at the Manhattan Project, which focused on the development of the atomic bomb. In the same year, Fermi and his wife and children became American citizens. After the war ended, Fermi accepted a professorship at the University of Chicago and was also appointed to the U.S. General Advisory Committee for the Atomic Energy Commission.

For the remainder of his life, Fermi’s work focused on high energy physics. He also led investigations on the origins of cosmic rays. In 1954, Fermi was diagnosed with incurable stomach cancer. He died on November 28, 1954 at his home in Chicago.

Many awards, institutions and concepts are named after Fermi, including the Fermilab in Illinois, the Enrico Fermi Award given by the U.S. Department of Energy, and the Fermi Gamma-ray Space Telescope. Fermi is also only one of 16 scientists who have an element named after them. It is called fermium (Fm).

Nuclear fission is one of the most significant discoveries in human history. Nuclear reactors have provided humanity with reliable, and relatively safe and clean energy for close to eight decades. Accidents have been rare and, with the exception of Chernobyl, manageable in terms of their negative impact on humans and the environment.

Today, nuclear power remains the only reliable source of energy that emits zero carbon dioxide into the atmosphere and can be scaled to meet the growing needs of human civilization. Nuclear power has improved hundreds of millions of lives and is likely to continue to do so for decades to come. For these reasons, Enrico Fermi is our 35th Hero of Progress.

Blog Post | Energy Prices

The Declining Time Price of Kilowatt-Hours

We're getting more energy for less time.

Summary: Energy powers economic progress, and it has become much more abundant since 1980. Despite nominal price increases, electricity is more affordable in terms of labor. A blue-collar worker today can buy much more electricity per hour worked than in 1980. Thanks to rising productivity and innovation, we’re getting significantly more energy for less time.


Energy is essential to creating abundance. Whether it’s used to organize and move atoms or to store and transmit information, economic development depends on energy. Although energy is available in many forms and measured in various units, the kilowatt-hour (kWh) is a common standard of comparison, especially in electricity-related contexts. A kWh represents the energy delivered by one kilowatt of power sustained over one hour. For perspective, a standard 42-gallon barrel of crude oil contains approximately 1,700 kWh of energy, though the exact amount depends on the oil’s grade.

The US Bureau of Labor Statistics (BLS) tracks average electricity prices over time in nominal terms. The chart below shows the U.S. average price per kWh from 1980 to the present—rising from about 6 cents per kWh in 1980 to 17.6 cents today.

To convert the money price into a time price, we compared the US blue-collar hourly compensation rate for each year, indexing 1980 as the baseline (1.0). The result shows that the time required to purchase a kWh of electricity has declined by 26.6 percent since 1980.

Another way to understand electricity prices is to ask: how many kWh can you buy with one hour of work? This chart illustrates that relationship. In 1980, an hour of US blue-collar labor could buy 152 kWh; today, it buys 207 kWh—a 36 percent increase in energy abundance.

The regression line plotted on the chart suggests a steady gain of about two additional kWh per year for the same amount of work. Although time prices have spiked in the past three years, the long-term trend still indicates growing abundance..

If you started your first job as an unskilled worker in 1980 and “upskilled” to a blue-collar job by 2024, your time price for electricity would have dropped by 67.3 percent. For the time it took to earn enough to buy 100 kWh in 1980, you could now purchase 306 kWh—representing a 206 percent increase in electricity abundance.

Find more of Gale’s work at his Substack, Gale Winds.

News | Energy Production

Fusion Breakthrough Could Reduce Cost of Future Power Plant

“TAE Technologies, a private fusion energy company developing the cleanest and safest approach to commercial fusion power, has achieved a first-of-its-kind breakthrough that fundamentally advances the performance, practicality and reactor-readiness of the company’s proprietary fusion technology.

Experimental results published in the peer-reviewed journal Nature Communications prove TAE has invented a streamlined approach to form and optimize plasma that increases efficiency, significantly reduces complexity and cost, and accelerates the company’s path to net energy and commercial fusion power.”

From TAE.

Blog Post | Energy Prices

Gasoline Abundance Increases with Population Growth

Since 1950, the global population has increased by 229 percent while the time price of gasoline fell by 35 percent.

Summary: Since 1950, the global population has grown by 229%, yet the time price of gasoline for US blue-collar workers has fallen by 35 percent, illustrating an enormous increase in personal gasoline abundance. By fostering free markets and entrepreneurial energy, societies like the United States have shown how the power of knowledge and innovation can transform finite physical resources into increasingly abundant commodities.


Since 1950, the time price of gasoline for US blue-collar workers has fallen by 35 percent. For the time it took to earn enough money to buy a gallon of gasoline in 1950, today’s blue-collar workers can buy 1.54 gallons. That means personal gasoline abundance has increased by 54 percent.

Crude oil is refined to make gasoline, and the market for crude oil is global. Since 1950, the world population increased by 229 percent, from 2.5 billion to almost 8.2 billion. How is that possible, since, according to Thomas Robert Malthus and Thanos, the opposite should occur? It’s because Malthus and Thanos mistakenly assumed that only atoms could be resources and that since we have a finite number of atoms, we must also have a finite number of resources.

The truth is that atoms without knowledge are not, in fact, resources; they have no intrinsic economic value. It’s only when we add knowledge to atoms that they become resources. Since there’s no limit to the amount of knowledge yet to be discovered, created, and shared, resources can be infinite.

The gasoline-population chart shows that more people mean more abundant gasoline, proving Malthus and Thanos wrong in their assumptions.

In the 1970s, people obsessed over the number of barrels of oil in proven reserves. They thought we had discovered all the oil. By dividing the quantity in proven reserves by the annual consumption, they calculated the date we would run out. That flawed approach of Malthus and Thanos fails to recognize that it’s the price of a resource, not its quantity, that matters. Humans react to increasing prices in a variety of ways; they consume less, search for more, look for substitutes, recycle, etc. These actions ultimately reduce prices and increase abundance. What increasing prices really does is focus our energy on discovering new knowledge, which transforms scarcity into abundance.

When prices go up, we not only look for more oil, but we also innovate ways to use it more efficiently. The top-selling car in 1980 was the Oldsmobile Cutlass. Gas mileage on this vehicle averaged 20 miles per gallon (17 city/23 highway). By 2023, the Honda CR-V was the most popular two-wheel drive car. The CR-V reported mileage at 31 miles per gallon (28 city/34 highway). This improvement in mileage represents an increase of 55 percent over this 43-year period (1980–2023). Mileage has been increasing at a compound rate of around 1 percent a year. Today’s cars are also much safer and more reliable, durable, and comfortable.

The lesson of gasoline over the past 74 years is that as the price increases, we find more of it, and we find more productive ways of using it. Then the price goes down. That has been true for all kinds of products, not just gasoline.

The exceptions are those manipulated by the government on the supply and/or demand side. President Richard Nixon imposed price controls in the early 1970s that were not fully removed until President Ronald Reagan did so in the early 1980s, allowing the free market to work its magic. Then fracking and horizontal drilling were applied to oil exploration, thanks in part to Harold Hamm’s Continental Resources in Oklahoma City. That company was a major player in the development of the Bakken formation in North Dakota, which led directly to massively increased domestic production and eventually resulted in the United States becoming a net exporter of oil.

With government price controls, there was almost immediate scarcity for nearly a decade, but when prices were allowed to freely operate, abundance soon overflowed. That shows how governments tend to create scarcity while entrepreneurs (such as Hamm) produce abundance. In the United States, property owners have subsurface property rights. In most other countries, the government owns all the underground oil. These private property rights, a free market and lots of entrepreneurs and innovators have made the United States the most productive energy producer on the planet. The country has led the world in crude oil production since 2018:

Can you guess where gasoline is the most affordable on the planet? Please read “Where Gasoline is Most Affordable.”

Entrepreneurs create abundance; bureaucrats almost always create scarcity. Choose wisely.

Find more of Gale’s work at his Substack, Gale Winds.