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01 / 05
The Changing Cost of a Thanksgiving Dinner

Blog Post | Food Prices

The Changing Cost of a Thanksgiving Dinner

It’s not as bad as you might think.

The cost of living in the United States is an increasingly salient topic in public-policy circles today. As Mark J. Perry from the American Enterprise Institute documents, child care, education, and health care have become more expensive relative to wages over the last two decades. Conversely, cars, clothing, food and beverages, household furnishings, housing, software, and toys have become cheaper. In light of today’s holiday, we will focus on the cost of a Thanksgiving Day dinner between 1986 and 2020. The positive picture we paint certainly does not detract from the real hardship American families have faced during the COVID-19 pandemic. But it may make us more grateful for the U.S. farmers and free enterprise that make food historically superabundant.

Since 1986, the American Farm Bureau Federation has conducted an annual price survey of food items found in a typical Thanksgiving Day dinner. The items on this shopping list are designed to serve a group of ten people, with leftovers. The list includes a 16-pound turkey, a 30-oz pumpkin pie mix, one gallon of milk, a one-pound vegetable tray, twelve bread rolls, two pie shells, one pound of green peas, twelve ounces of fresh cranberries, one-half pint of whipping cream, 14 ounces of cubed stuffing, three pounds of sweet potatoes, and several miscellaneous ingredients. What has happened to the price of a Thanksgiving Day dinner over time?

In nominal terms, the cost rose from $28.74 in 1986 to $46.90 in 2020 (a 63.2 percent increase). Over the same period, inflation amounted to 135 percent, which would have meant that the dinner should have cost around $67.69. In fact, it cost only $46.90. So, adjusted for inflation, a Thanksgiving Day dinner became $20.79 (i.e., 30.7 percent cheaper). But what if we analyze the cost of a Thanksgiving Day dinner using “time prices”? To calculate the time price of a Thanksgiving Day dinner, we divide the nominal price of the meal by the nominal wage rate. That will give us the number of hours of work required to earn enough money to feed the ten guests. We can then analyze the change in time prices over time.

As noted, the nominal cost of a Thanksgiving Day dinner increased 63.2 percent between 1986 and 2020. Over the same period, the unskilled hourly wage rate increased by 173.2 percent. That means that the time price of the meal for an unskilled worker declined from 5.48 hours in 1986 to 3.27 hours in 2020 (a 40.3 percent decrease). As such, unskilled workers could buy 1.67 Thanksgiving Day dinners in 2020 for the same amount of work required to buy one meal in 1986.

The hourly compensation rate of a blue-collar worker rose by 163.4 percent. Consequently, the time price of a Thanksgiving Day dinner declined from 2.23 hours in 1986 to 1.38 hours in 2020 (a 38 percent decrease). As such, blue-collar workers could buy 1.61 Thanksgiving Day dinners in 2020 for the same amount of work required to buy one meal in 1986.

The unskilled workers who upgraded their skills to become blue-collar workers between 1986 and 2020 saw their hourly wage rise by 547.4 percent. So, the Time Price of a Thanksgiving Day dinner fell by 74.8 percent. These “upskilling” workers were thus able to buy 3.97 Thanksgiving Day dinners for the same amount of work required to buy one meal in 1986.


Finally, imagine providing a Thanksgiving Day dinner for everyone in the United States. That will give you a sense of the relationship between food prices and population growth. The U.S. population rose from 240 million in 1986 to 331 million in 2020 (a 37.9 percent increase). What happened to the total Thanksgiving Day dinner bill over that 34-year period?

If the whole of the United States consisted of unskilled workers in 1986, the total Thanksgiving Day dinner bill would have fallen by 17.6 percent in 2020. If everyone in the United States were a blue-collar worker, the total bill would have fallen by 14.6 percent. If everyone upskilled from unskilled work to blue-collar work, the total Thanksgiving Day dinner bill would have fallen by an astonishing 65.2 percent.


Put differently, the total Thanksgiving Day dinner bill in the United States fell, even though the U.S. population increased. With every hungry mouth comes a pair of hands and a brain capable of invention and innovation. So, on this Thanksgiving Day, let us be thankful for all the American inventors and innovators who enrich our lives with plentiful food and, hopefully, a cure for the COVID-19 pandemic.


This originally appeared in National Review.

Blog Post | Culture & Tolerance

New Years Resolutions of Yore: Vices That Became Virtues

Virtues we strive to embrace were once vices we swore to eschew.

A version of this article was originally published at Pessimists Archive on 12/31/2023.

In centuries past, things considered virtuous today; readingcyclingradio listening and chess playing were deemed unhealthy vices.

Amusingly this means some New Years resolutions set today are inversions of resolutions set in prior centuries. Where we may aspire to read and cycle more in 2023, people in 1923 may well have pledged to do them less.

As a new year beckons we explored secular sins that eventually became virtues:

Reading

As books became cheaper and more abundant, concerns about reading “too much‘’ became a heated public debate – while the religious worried about the bible competing for attention, others worried about “information overload.

Novel reading was thought to inspire women to seek risk and novelty, while inspiring violent criminal acts by children. Other complaints included the prevalence of people staring down at books on public transport:

Where today we feel guilt for playing on our smartphones in the bedroom – after we wake and before we sleep – reading books in bed was once treated as similarly compulsive, incompatible with a good night’s sleep and possibly damaging to your eyes (in a dimly lit room).

Bicycle Riding

Bicycle riding was a newly popular form of transportation in the late 19th century, thanks to the safety bicycle: cheaper and more practical iteration with inflatable tires for a smooth ride. As the bicycle rolled across the world, critics followed, calling it dangerous because it startled horses and unbecoming for women, who had to wear traditionally male attire to ride (bloomers”).

While some physicians argued cycling was healthy others linked it to insanity, deformities of the spine, face and even a cause for appendicitis. One insurance company even refused to insure avid bicycle riders, while one army recruitment office rejected applicants who were avid cyclists because it was assumed they had a weakened “bicycle heart.

Radio

The rise of the radio was a bigger deal than most realize – arguably bigger than television – which was seen as an evolution of radio. Radio’s growth in society was inevitably followed by handwringing and speculation about its possible downsides: dead birds, bad weather, poor grades and sleep deprivation were just some of the unfounded concerns.

Games (Crosswords)

Today word games are widely considered good for our brains, crosswords have survived the transition from print to digital and new word games continue the emerge – like Wordle – which was acquired by The New York Times.

Ironically The New York Times – now famous for its crossword – would refuse to publish the puzzles for many years, deeming them unworthy of a serious publication. Why? Because they were considered unintellectual and associated with distraction, earning bans by at least one professor and a judge.

Games (Chess)

In 1858 Paul Morphy became widely considered the world Chess champion, as a result national interest in the game boomed, leading to Scientific American weighing in on the matter opining: “Chess is a mere amusement of a very inferior character, which robs the mind of valuable time.”

Paul Morphy’s mental health would rapidly decline in the proceeding years, Chess was blamed by some for the deterioration, when other champions met similar fates there was speculation Chess might have a negative impact on players more generally.

Blog Post | Adoption of Technology

How Isaac Asimov Predicted the OpenAI Drama

An early Asimov story explored reactionary opposition to tech progress.

This article was originally published at Pessimists Archive on 12/1/2023.

In 1938, an 18-year-old Isaac Asimov penned one of his first science fiction tales, envisioning man’s maiden voyage into space – with a twist.

The short story told the tale of a technologist pushing humanity to intimidating new heights while facing opposition from a technophobic movement warning of existential doom. One employee – persuaded by their rhetoric – tries to destroy the company in the name of saving humanity.

Remind you of anything?

The story – titled “Trends” – centres around tech-entrepreneur John Harman, a man driven by a singular mission: launching the first person into space aboard his rocket ‘The Prometheus‘ – a fitting name considering its reception.

A campaign of fierce opposition is lead by neo-luddite revivalist Otis Eldredge, founder of the 20 million strong ‘League of the Righteous.‘ Eldredge vehemently denounces Harman’s endeavour as a “blasphemous attempt to breach a realm humanity is forbidden to explore.” On the day of lift-off, Eldredge attends, followers in tow to protest, to issue a dire warning:

The finger of God is upon you, John Harman. He shall not allow His works to be defiled. You die today, John Harman.

The Prometheus – just before lift off – explodes on the launchpad, a moment illustrated on the pages of ‘Astounding Science Fiction’ the magazine Trends first appeared.

The cause? Sabotage by an employee – incited by Eldridge – in the name of saving humanity. Newspapers would report on the incident with damning headlines like “28 killed, 73 Wounded – the Price of Sin.” Eldridge would be injured in the blast, in turn his followers would form mobs in search of Harman. One of the fatalities – the treacherous saboteur – would make a proud confession in his final breaths:

I did it. I broke open the liquid-oxygen compartments and when the spark went through the acetylide mixture the whole cursed thing exploded.

The explosion saw Harman thrown into exile and hiding – where he would covertly begin efforts to build a new ship to try and reach space once again. Space travel would be prohibited in the wake of the disaster and the proceeding years would see Otis Eldridge and his movement gain political power, leading to the creation of the ‘Federal Scientific Research Investigatory Bureau’ (FSRIB.) Any and all scientific research had to be approved by it. Eventually the FSRIB would pass a blanket ban on all scientific research. This, the climax of what came to be know as the “Neo-Victorian Age.

Eldridge would say at the time “Science has gone too far,” declaring that “We must halt it indefinitely, and allow the world to catch up.” According to him, this, and trust in god was the only way to “achieve universal and permanent prosperity.”

Trends was prescient, not technologically – space travel was a cliche vision of the future by then. Its foresight was sociological and political. Asimov had predicted popular opposition to space flight 25 years before Kennedy’s moonshot announcement was met with 33% approval ratings (an often forgotten fact we explored here).

The idea that a meaningful number of people would oppose space exploitation – such a bold and inspiring prospective fear – was hard to imagine in 1938. A possibility that Asimov would say in retrospect:

It never occurred to anybody that there might actually be resistance to the whole notion; people might think it was a rotten idea and a waste of money.

It was a unique twist in a genre that often assumed technological advance was eagerly embraced by society – at least initially. This – Asimov would later say – is the reason Trends got published: it was something the editor had “never seen before” in an era of space stories depicting “oyster men” fighting “heroes” who end up marrying a “beautiful princess who lays eggs” – Asimov joked.

The predictive power of ‘Trends’ continues to grow, 80 years later, private Space pioneers – akin to John Harman – receive scorn from some for daring to ‘pierce the veil beyond’ in their very own ‘Prometheus’ rockets. While not as extreme or effective, their critics – including Neil Armstrong himself – certainly reflect Asimov’s forecasts with regards to impassioned opposition. And in 2023, a dramatic attempted boardroom coup at OpenAI, strongly mirrored the treachery of Harman’s radicalized employee: it was reportedly inspired by concerns of existential risk from AI. (One OpenAI board member likened the companies possible destruction to a net-positive for humanity.)

Asimov’s Awakening

In 1974, Asimov would recall his prescient forecast in a speech titled ‘The Future of Humanity’ – telling an audience they were entitled to ask how a naive 18-year old boy “could see something clearly that older and thicker heads failed to see.” The answer he said, was not that he was a genius or an oracle, rather he’d been exposed to the often forgotten history of technological pessimism as an under-graduate at Columbia University. This experience lead to an epiphany which he eloquently recalled:

I discovered, to my amazement, that all through history there had been resistance…and bitter, exaggerated, last-stitch resistance…to every significant technological change that had taken place on earth.

This moment of enlightenment came for Asimov while struggling to make ends meet as a Columbia University student, when he would get temp work for sociologist Ber…

This moment of enlightenment came for Asimov while struggling to make ends meet as a Columbia University student, when he would get temp work for sociologist Bernhard J. Stern, helping research a book on social resistance to technological change, later titled “Society and Medical Progress.”

This work exposed him to many historical examples of opposition to scientific and technological progress, specifically in the field of medicine. In the days before CMD + F and Xerox, Asimov had to locate books in a library “Turn to the pages where I was to find the reference” and then “copy them out longhand” as part of the jobIt was this experience that opened his eyes to the perennial nature of tech-pessimism and its sociological, psychological and political motivations, recalling:

when I read all of these references I discovered, to my amazement, that all through history there had been resistance…and bitter, exaggerated, last-stitch resistance…to every significant technological change that had taken place on earth. Usually the resistance came from those groups who stood to lose influence, status, money…as a result of the change. Although they never advanced this as their reason for resisting it. It was always the good of humanity that rested upon their hearts.

Asimov would go on to cite examples of stage coaches being opposed by canal owners, who warned people wouldn’t be able to breath at such speeds, and how eventually the stagecoach owners memorized and deployed the same arguments when railroads were developed. (we have found similar arguments made about planes and automobiles too, see below.)

Asimov had noticed a pattern and after months of being exposed to these rhythms of history, he said to himself quote: “I can make a syllogism out of this” which he formulated as follows:

Major Premise: All technological changes meet resistance.

Minor Premise: Space Travel represents a technological change.

Conclusion: There will be resistance to space travel.

Asimov would say once formulated, he “wrote the story and sold it” joking “and here I am, a genius at having foreseen this.”

This syllogism – one we know well – inspired the unique plot of Trends. By combining history fact with science fiction, Asimov wrote a timeless story with perennial forecasting power: not about robots and technology, but about human beings, psychology and sociology. This would also shape his proceeding works to a great degree: such as the first short story in ‘I, Robot’ that told a tale of a little girl befriending a house robot, her technophobic mother taking it away and that same robot eventually saving the girls life. A kind of reverse Black Mirror and a far cry from the Hollywood movie that borrowed its name.

Asimov’s Mistake

Ironically, the next part of Asimov’s 1973 speech concerned what is now a cynical trope: he would warn about global population growth and our ability to keep up with it, suggesting reducing the birth rate was needed to avoid disaster.

This concept was popularized in the 1970s by Paul Ehrlich’s 1968 ‘The Population Bomb’ and was – ironically – just the kind of cynical resistance to civilisational development Asimov was decrying just moments earlier.

Ehrlich and Asimov turned out to be wrong, because they didn’t have enough faith in technological progress and human ingenuity. History might be a great inoculation against ignorant fears of civilisational development, but it doesn’t offer total protection. Asimov proves, no one is immune.

A Neo-Victorian Age

Ehrlich’s book was one of many that decade which precipitated the decline of post-WWII optimism, giving way to a ‘de-growth’ mindset, the kind seen in the aftermath of John Harman’s promethean effort to put man in space.

Ironically it was the 1968 Apollo 8 mission and its famous ‘Earth Rise’ photo, that would recast the planet as a borderless, fragile blue dot – helping birth the modern environmental movement. A movement that certainly has merit in regards to highlighting the problems of man-made global warming, O-Zone depletion and other negative externalities of technology. However, it also had a proclivity to treat technology as anathema to nature – the same way Otis Eldridge treated it as an affront to God.

Some would argue the previous 50 years has – in some ways – mirrored the “Neo-Victorian Age” featured in Trends. One of reactionary opposition, over-precaution and over-regulation that saw scientific, technological and civilisational development needlessly stymied – leading to a “Great Stagnation.” Some evidence cited for this: the cancellation of America’s Boeing 2707 supersonic jet project in 1971 and Concord in 2001. Opposition to nuclear power, that saw Nixon’s 1973 proposal to build a 1000 nuclear power plants by the year 2000, abandoned. As well as the emergence of Genetic Engineering being met with mass opposition, with some framing it as an affront to the natural world and others – like Eldridge – using religious language (Jeremy Rifkin’s 1977, “Who Should Play God?“) This resulted in multi-year moratoriums in Europe and prohibition that in some cases has cost millions of lives in the developing world. And don’t forget the aforementioned fallout from the over-population panic and the latest quasi-religious rhetoric around Artificial Intelligence.

Asimov’s Archetype

In the opening pages of Trends Asimov would foretell such a post-WW2 future marred by misanthropy, with John Harman mourning the techno-optimism of yesteryear:

those were the days when science flourished. Men were not afraid then; somehow they dreamed and dared. There was no such thing as conservatism when it came to matters mechanical and scientific. No theory was too radical to advance, no discovery too revolutionary to publish. Today, dry rot has seized the world when a great vision, such as space travel, is hailed as “defiance of God.”

Unlike most modern science fiction narratives like Jurassic Park, Terminator and Blackmirror – Trends grappled with a dangerous misaligned general intelligence: human beings fearing technology.

A science fiction, inspired by history fact: where technological-stagnation creates a more dystopian future, rather than technological acceleration.

Sadly it is an archetype as rare today as it was in 1938.

The Atlantic | Happiness & Satisfaction

What If Americans Are Happy at Work?

“Americans keep telling Gallup that work is consistently blah, not that they’re more and more miserable.

The real story, to the extent that these surveys are accurate, is that American workers are astonishingly happy and engaged compared with the rest of the rich world. The same international Gallup survey finds that employee engagement in the United States is higher than in Australia, Canada, and every country in Europe, and more than six times higher than in Japan.

Even the authors of the Journal story acknowledge that another survey this year by the Conference Board found that employee satisfaction just set a new record high—as it has for the past 12 straight years since the Great Recession.”

From The Atlantic.

The Human Progress Podcast | Ep. 21

Mark Henry: An Optimist’s Guide to Ireland

Psychologist and Author Mark Henry joins Marian Tupy to discuss Ireland's incredible economic transformation.