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Modern Freedom Beats Feudal Serfdom

Blog Post | Poverty Rates

Modern Freedom Beats Feudal Serfdom

Make the Middle Ages Great Again?

Summary: Some influential voices today romanticize feudalism, but the reality of feudalism was misery for nearly everyone. Life under that system meant hunger, disease, violence, and lives cut brutally short. By contrast, modern societies have lifted billions out of poverty and extended life far beyond what kings and queens once knew. Progress comes from freedom, innovation, and hard work, not a return to the rule of lords and monarchs.


On a recent podcast, Tucker Carlson praised feudalism as “so much better than what we have now” because a ruler is “vested in the prosperity of the people he rules.” This romantic view of medieval hierarchy ignores a brutal reality: For most people, feudalism meant grinding poverty, disease, and early death.

As Gale L. Pooley and I found in our 2022 book Superabundance, society in preindustrial Europe was bifurcated between a small minority of the very rich and the vast majority of the very poor. One 17th-century observer estimated that the French population consisted of “10 percent rich, 50 percent very poor, 30 percent who were nearly beggars, and 10 percent who were actually beggars.” In 16th-century Spain, the Italian historian Francesco Guicciardini wrote, “except for a few Grandees of the Kingdom who live with great sumptuousness … others live in great poverty.”

An account from 18th-century Naples recorded beggars finding “nocturnal asylum in a few caves, stables or ruined houses” where “they are to be seen there lying like filthy animals, with no distinction of age or sex.” Children fared the worst. Paris, according to the French author Louis-Sébastien Mercier, had “7,000 to 8,000 abandoned children out of some 30,000 births around 1780.” These children were then taken—three at a time—to the poor house, with carriers often finding at least “one of them dead” upon arrival.

People were constantly hungry, and starvation was only ever a few bad harvests away. In 1800, even France, one of the world’s richest countries, had an average food supply of only 1,846 calories per person per day. In other words, the majority of the population was undernourished. (Given that the average person needs about 2,000 calories a day.) That, in the words of the Italian historian Carlo Cipolla, gave rise to “serious forms of avitaminosis,” or medical conditions resulting from vitamin deficiencies. There was also, he noted, a prevalence of intestinal worms, which is “a slow, disgusting, and debilitating disease that caused a vast amount of human misery and ill health.”

Sanitation was a nightmare. As the English historian Lawrence Stone wrote in his book The Family, Sex and Marriage in England 1500–1800, “city ditches, now often filled with stagnant water, were commonly used as latrines; butchers killed animals in their shops and threw the offal of the carcasses into the streets; dead animals were left to decay and fester where they lay.” London had “poor holes” or “large, deep, open pits in which were laid the bodies of the poor, side by side, row by row.” The stench was overwhelming, for “great quantities of human excrement were cast into the streets.”

The French historian Fernand Braudel found that in 15th-century England, “80 percent of private expenditure was on food, with 20 percent spent on bread alone.” An account of 16th-century life in rural Lombardy noted that peasants lived on wheat alone: Their “expenses for clothing and other needs are practically non-existent.” Per Cipolla, “One of the main preoccupations of hospital administration was to ensure that the clothes of the deceased should not be usurped but should be given to lawful inheritors. During epidemics of plague, the town authorities had to struggle to confiscate the clothes of the dead and to burn them: people waited for others to die so as to take over their clothes.”

Prior to mechanized agriculture, there were no food surpluses to sustain idle hands, not even those of children. And working conditions were brutal. A 16th-century ordinance in Lombardy found that supervisors in rice fields “bring together a large number of children and adolescents, against whom they practice barbarous cruelties … [They] do not provide these poor creatures with the necessary food and make them labor as slaves by beating them and treating them more harshly than galley slaves, so that many of the children die miserably in the farms and neighboring fields.”

Such violence pervaded daily life. Medieval homicide rates reached 150 murders per 100,000 people in 14th-century Florence. In 15th-century England, it hovered around 24 per 100,000. (In 2020, the Italian homicide rate was 0.48 per 100,000. It was 0.95 per 100,000 in England and Wales in 2024.) People resolved their disputes through physical violence because no effective legal system existed. The serfs—serfdom in Russia was abolished only in 1861—lived as property, bound to land they could never own, subject to masters who viewed them as assets rather than humans. And between 1500 and the first quarter of the 17th century, Europe’s great powers were at war nearly 100 percent of the time.

Carlson’s nostalgia for feudalism is not unique on the MAGA right. The influential American blogger Curtis Yarvin, for example, attributes to monarchs such as France’s Louis XIV decisive and long-term leadership that modern democracies apparently lack. But less frequently mentioned is how, for example, that same Louis ruined his country during the War of the Spanish Succession. As Winston Churchill wrote in Marlborough: His Life and Times,

After more than sixty years of his reign, more than thirty years of which had been consumed in European war, the Great King saw his people face to face with actual famine. Their sufferings were extreme. In Paris the death-rate doubled. Even before Christmas the market-women had marched to Versailles to proclaim their misery. In the countryside the peasantry subsisted on herbs or roots or flocked in despair into the famishing towns. Brigandage was widespread. Bands of starving men, women, and children roamed about in desperation. Châteaux and convents were attacked; the market-place of Amiens was pillaged; credit failed. From every province and from every class rose the cry for bread and peace.

The Great Enrichment, a phrase coined by my Cato Institute colleague Deirdre McCloskey, of the past 200 years or so lifted billions from the misery that defined human existence for millennia. It was driven by market economies and limits on the rulers’ arbitrary power, not feudal hierarchy.

There are many plausible reasons for Carlson’s (and Yarvin’s) openness to giving pre-modern institutions such as feudalism and absolute monarchy a second look. One is a lack of appreciation for the reality of the daily existence of ordinary people whose lives, in the immortal words of the English philosopher Thomas Hobbes, were “poor, nasty, brutish, and short.”

Another is their apparent conviction that the United States is, in the words of President Donald Trump, “a failed nation.” Except that we are nothing of the sort. The United States has plenty of problems, but the lives of ordinary Americans in 2025 are incomparably better than those of the kings and queens of the past. Our standard of living is, in fact, the envy of the world, which is the most parsimonious explanation for millions of people trying to get here.

Solving the problems that remain and will arise in the future will depend on careful evaluation of evidence, historical experience, reason, and hard work. Catastrophism does not help, for it rejects human agency by declaring that the future is already decided. Hunkering down under a protective shield of feudal hierarchy or placing our trust in a modern incarnation of Louis XIV is no guarantee of success. We tried it before, and the results were disastrous.

This article originally appeared in The Dispatch on August 26, 2025.

Reuters | Cost of Material Goods

Kia CEO Signals Price Cuts in Europe to Compete with China

“Starting this year, Kia has narrowed its vehicle price gap with Chinese models in Europe to 15-20% from 20-25% previously depending on markets, Song said, according to ​a recording of the event obtained by Reuters.

The move highlights how Europe has become a key battleground between legacy ​automakers and Chinese electric vehicle firms such as BYD, as they pursue rapid overseas expansion amid ⁠flagging sales in China and effective exclusion from the U.S. market.”

From Reuters.

Blog Post | Cost of Material Goods

Two Centuries of Increasing Paper Abundance

If we're running out, why is it so cheap?

Summary: Paper has become dramatically more affordable over the last two centuries. Abundance comes not primarily from conservation or recycling but from improved knowledge and technology. The increasing efficiency of turning plentiful trees into paper is a good example of that.


In 1826, a ream of 500 sheets of paper cost about $5.00. With average wages near five cents an hour, the time price was 100 hours. Paper was precious because modern papermaking techniques had yet to be invented—we had yet to discover the knowledge needed to innovate the product.

Today, a ream of 500 much higher-quality sheets sells for $7.99 at Staples. With average wages around $36.86 an hour, the time price is just 13 minutes.

The time price of paper has fallen by 99.78 percent over the last 200 years. For the time required to earn the money for a single sheet in 1826, a worker today can obtain 461 sheets. Scarcity didn’t disappear because we conserved paper, but because we learned how to transform abundant trees into even more abundant paper.

What About Recycled Paper?

Many people assume that recycling paper saves resources. If that were true, why is recycled paper about 85 percent more expensive than virgin paper? The answer is that the United States has roughly 300 billion trees, while recycling itself consumes substantial energy, labor, and capital.

A useful question whenever someone warns that we’re “running out” of something is simple: If it’s so scarce, why is it so cheap?

Remember, abundance doesn’t come from good intentions; it comes from innovation. Over two thousand years, paper has migrated from papyrus to cotton and linen rags to wood pulp—each transition a triumph of human ingenuity over scarcity. What we consume is not trees or fibers, but knowledge encoded in matter. And the more we consume, the more we discover. That is why paper is plentiful, pencils are cheap, and light is abundant. Wealth is learning made visible, and abundance is the dividend of ideas.

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

Blog Post | Cost of Living

A New Way to Understand American Abundance

Our index measures how long you have to work to buy what you used to buy.

Summary: Our new American Abundance Index measures living standards by asking one question: How long do you have to work to buy what you used to buy? Time prices offer a clearer view of American abundance than wages or dollar prices alone. Using standard government data, the index shows that despite recent inflation concerns, time prices have generally fallen and abundance has risen over the long term for the average worker.


Americans are told, daily, that they are getting poorer. The left points to “record” prices and concludes that capitalism has failed. The right points to the same prices and concludes that America is in irreversible decline. Both sides lean on a familiar statistical trick: they talk about prices or pay in isolation, then invite readers to fill in the rest with anxiety.

There is a simpler and truer way to judge living standards. Ask one question: How long do you have to work to buy what you used to buy?

That is the idea behind the new American Abundance Index, a tool that translates economic health into units normal people understand: hours of work. It uses standard government statistics, comparing inflation (the Consumer Price Index) with hourly earnings from the Bureau of Labor Statistics. The output is not a partisan narrative. It is a measure of purchasing power that speaks plain English.

The index tracks two measures. Time Price represents how many work-hours are needed to purchase the standard CPI basket of goods and services. Abundance is the inverse. It represents how much of that basket one hour of work can buy.

When time prices fall, abundance rises. When time prices rise, abundance falls.

The American Abundance Index starts in March 2006, when the relevant earnings series become available, and updates monthly following BLS releases. It reports month-over-month, year-over-year, five-year, ten-year, and since-start changes so readers can separate short-term noise from long-term reality.

That distinction matters because the loudest arguments about living standards are usually built on selective time windows.

Recent numbers illustrate the point. For the average private-sector worker, December 2025 saw a tiny monthly decline in CPI and a larger rise in average hourly earnings. The result was a decline in time prices and a rise in abundance for that month. Over the year from December 2024 to December 2025, CPI rose 2.68 percent while hourly earnings rose 3.76 percent. Time prices fell 1.04 percent, and abundance rose 1.05 percent.

Zoom out further. Since March 2006, time prices for the BLS basket have fallen 12.16 percent and abundance has risen 13.84 percent. The index translates those findings into an intuitive claim: over that period, the average private-sector worker gained the equivalent of roughly 1.1 extra hours of purchasing power for every eight hours worked.

The product is not just one headline series. It includes separate views for all private-sector workers and for blue-collar workers. It also includes “upskilling” scenarios that reflect a basic fact of labor markets that both ideological camps often ignore: people do not stay in the same job, at the same wage, for decades. Many workers move from entry-level roles into higher-paying roles as they gain skills. A living-standards tool should help readers see what that typical path implies for purchasing power over time, rather than freezing workers in place for rhetorical effect.

So how does this fit into today’s abundance argument, and the misuse of statistics by left and right?

The left’s favorite move is to spotlight prices, preferably the most salient and emotionally charged ones, then treat the price level as the full story. But prices are only half the equation. Wages and work-hours are the other half. If pay rises faster than prices, the public is not “getting poorer” in any meaningful aggregate sense, even if the public is angry, and even if some groups are falling behind.

The right’s favorite move is different but no less misleading. It treats every inflation episode, every housing squeeze, and every bout of consumer pessimism as proof of national decline. It cherry-picks peaks, ignores recoveries, and sometimes talks as if today’s worker has no mobility and no capacity to adapt. That is how you turn real problems into a permanent story of collapse.

The American Abundance Index does not settle policy debates. It disciplines them. It forces advocates to answer the question that matters to households: How many minutes of my life does this cost, and how has that changed? If your preferred policy raises time prices, you are making people poorer, whatever your rhetoric. If it lowers time prices, you are making people richer, even if it offends someone’s ideology.

The index is also candid about limits. It focuses on averages, may not capture individual experiences, and is most meaningful over longer periods than a single month. That is not a weakness. It is a reminder that serious measurement should separate broad trends from personal hardship, and that anecdotes are not statistics.

If journalists and politicians want fewer mirages and more reality, they should start here: stop counting dollars. Start counting hours.

Blog Post | Cost of Material Goods

Ice Blocks to Electrons: The Rise of Refrigeration Abundance

Workers today get 214 refrigerators for the time price of one in 1925.

Summary: A century ago, people used large ice blocks and wooden cabinets to keep food cold. Today, electric refrigeration is more affordable, easy, and reliable thanks to technological innovation. The shift from ice blocks to electrons shows how human ingenuity can transform necessities from costly burdens into everyday conveniences.


In 1925, households kept food cool with iceboxes—wooden insulated cabinets chilled by a block of ice. Depending on size and quality, they typically cost between $15 and $50. With entry-level workers earning about $0.25 an hour, a $35 icebox carried a time price of 140 hours.

Today, a 4.4-cubic-foot mini fridge at Walmart sells for about $184. Entry-level workers in limited-service restaurants earn roughly $18.75 an hour, bringing the time price down to just 9.8 hours.

For the time it took a worker in 1925 to earn the money for one icebox, a worker today can buy 14.3 mini fridges.

The 1925 icebox didn’t actually come with any ice. The price of a 100-pound block of ice in 1925 was typically $0.25, and that could double during “ice famines” caused by mild winters. At $0.25 an hour, a 100-pound block of ice would cost one hour and would generally last for three to seven days. If the ice block lasted five days that would be a time price of 12 minutes a day.

The Walmart mini fridge requires 269 kilowatt-hours (kWh) per year, or 0.74 kWh per day. Residential electricity runs around $0.12 per kWh, so a year’s supply of electricity for cooling will cost $32.28, or 1.72 hours for entry-level workers. Spread out over the year, it would require 17 seconds a day.

For the time it took a worker in 1925 to earn the money to buy ice cooling for a day, workers today get 43 days of electric cooling.

Electric refrigerators entered American homes in 1927 when General Electric introduced the iconic “Monitor Top,” named for its resemblance to the USS Monitor, a Civil War ironclad warship. The unit sold for $525. With entry-level workers earning $0.25 an hour, the time price came to an extraordinary 2,100 hours. Today, the Walmart mini fridge costs 9.8 hours of work. The time price has fallen 99.53 percent. For the time it took a worker in 1927 to earn enough money for one electric refrigerator, a worker today can buy 214 mini fridges—a stunning increase of 21,300 percent in refrigeration abundance, compounding at 5.62 percent a year.

The US population has tripled from 116 million in 1925 to 348 million today. For every 1 percent increase in population, personal refrigerator abundance has increased 106 percent (21,300% ÷ 200% = 106%).

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