Superabundance

Superabundance
Author :
Publisher : Cato Institute
Total Pages : 575
Release :
ISBN-10 : 9781952223402
ISBN-13 : 1952223407
Rating : 4/5 (02 Downloads)

Book Synopsis Superabundance by : Marian L. Tupy

Download or read book Superabundance written by Marian L. Tupy and published by Cato Institute. This book was released on 2022-08-31 with total page 575 pages. Available in PDF, EPUB and Kindle. Book excerpt: Generations of people have been taught that population growth makes resources scarcer. In 2021, for example, one widely publicized report argued that “The world's rapidly growing population is consuming the planet's natural resources at an alarming rate . . . the world currently needs 1.6 Earths to satisfy the demand for natural resources ... [a figure that] could rise to 2 planets by 2030.” But is that true? After analyzing the prices of hundreds of commodities, goods, and services spanning two centuries, Marian Tupy and Gale Pooley found that resources became more abundant as the population grew. That was especially true when they looked at “time prices,” which represent the length of time that people must work to buy something. To their surprise, the authors also found that resource abundance increased faster than the population―a relationship that they call superabundance. On average, every additional human being created more value than he or she consumed. This relationship between population growth and abundance is deeply counterintuitive, yet it is true. Why? More people produce more ideas, which lead to more inventions. People then test those inventions in the marketplace to separate the useful from the useless. At the end of that process of discovery, people are left with innovations that overcome shortages, spur economic growth, and raise standards of living. But large populations are not enough to sustain superabundance―just think of the poverty in China and India before their respective economic reforms. To innovate, people must be allowed to think, speak, publish, associate, and disagree. They must be allowed to save, invest, trade, and profit. In a word, they must be free.


Superabundance Related Books

Superabundance
Language: en
Pages: 575
Authors: Marian L. Tupy
Categories: Business & Economics
Type: BOOK - Published: 2022-08-31 - Publisher: Cato Institute

DOWNLOAD EBOOK

Generations of people have been taught that population growth makes resources scarcer. In 2021, for example, one widely publicized report argued that “The wor
Summary of Superabundance
Language: en
Pages: 39
Authors: Alexander Cooper
Categories: Business & Economics
Type: BOOK - Published: 2023-01-03 - Publisher: BookSummaryGr

DOWNLOAD EBOOK

Superabundance - The Story of Population Growth, Innovation, and Human Flourishing on an Infinitely Bountiful Planet - A Comprehensive Summary Initially, there
Pentecostal Theology for the Twenty-First Century
Language: en
Pages: 236
Authors: Ms May Ling Tan-Chow
Categories: Religion
Type: BOOK - Published: 2013-05-28 - Publisher: Ashgate Publishing, Ltd.

DOWNLOAD EBOOK

In our post 9/11 world where there is a growing religious fundamentalism, and when both exclusion and easy tolerance are inadequate options, this book offers a
Paul Ricoeur
Language: en
Pages: 198
Authors:
Categories:
Type: BOOK - Published: 2006-04-06 - Publisher: SUNY Press

DOWNLOAD EBOOK

The Collected Works of John Stuart Mill
Language: en
Pages: 2487
Authors: John Stuart Mill
Categories: Philosophy
Type: BOOK - Published: 2024-01-17 - Publisher: Good Press

DOWNLOAD EBOOK

This carefully edited collection is formatted for your eReader with a functional and detailed table of contents. John Stuart Mill (1806-1873) was an English phi