
The antidote to irrational pessimism.
| Platform | Pricing | Only free issues | Publishes | Twice weekly | |
|---|---|---|---|---|---|
| Issues | 348 | Subscribers | Read | galepooley.substack.com |
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Steve Jobs unveiled the first iPhone on January 9, 2007. The 4GB model sold for $499. At the time, limited-service restaurant workers earned an average of $9.16 per hour, making the time price of the iPhone 54.5 hours.
The Hennessey Venom F5 is the most expensive American production car, priced between about $2.1 million and $3 million depending on the options. It weighs roughly 3,000 pounds.
McDonald's operates in over 100 countries worldwide. Since 1986, The Economist magazine has published the Big Mac Index, built on the theory of Purchasing Power Parity (PPP)—the idea that exchange rates should equalize the price of an ident...
The Wall Street Journal recently published an article titled: “When McDonald’s Was an Inexpensive Treat.” The author lamented that the new Big Arch offers “no dazzle in the experience.”
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The writers behind this newsletter.
Senior Fellow at the Discovery Institute and Adjunct Scholar at the Cato Institute. Co-author of Superabundance: The Story of Population Growth, Innovation, and Human Flourishing on an Infinitely Bountiful Planet and the Simon Abundance Index.
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