In The Economics of Human Flourishing, a Superabundance™ eight-hour course, Dr. Tupy and Dr. Pooley explore the new economics of resources and knowledge, challenging the notion that population growth inevitably leads to resource scarcity. The course delves into the rise of environmentalism and its anti-humanism sentiments. We examine the contrasting perspectives on population and resources, emphasizing the importance of shifting from a scarcity mindset to an abundance mindset by utilizing our shared human ability to seek out and develop new knowledge. We conclude by discussing the psychological and societal factors that threaten superabundance and the importance of fostering an environment conducive to innovation and progress.
In our first lecture, Dr. Marian Tupy introduces the new economics of knowledge, learning, and time, challenging the view that population growth inevitably leads to resource scarcity and poverty. He argues that human ingenuity and innovation enable the creation of new resources and the expansion of living standards, citing historical examples and outlining the devastating consequences of China's one-child policy, which was rooted in Malthusian ideas.
In lecture two we explore, with Dr. Gale Pooley, the contrasting perspectives on population growth and resource scarcity, focusing on the famous bet between Paul Ehrlich and Julian Simon. The lecture examines the relationship between population and resources, highlighting how the application of knowledge to atoms can create abundance, and concludes by emphasizing the importance of shifting from a scarcity mindset to an abundance mindset, recognizing the potential for human innovation to overcome resource limitations.
In lecture three, Dr. Pooley explores the importance of looking at numbers and prices to understand economics and abundance. The lecture covers four key concepts: quantities, money prices, time prices, and changes in time prices over time. It emphasizes that while quantities are important, prices provide more valuable information about relative supply and demand. Furthermore, the lecture argues that time prices, calculated by dividing the money price by hourly income, are even more informative than money prices alone. By analyzing changes in time prices over time, we can gain insights into improving living standards and increasing abundance.
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73+ 8-Hour Courses
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