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295. Marian Tupy & Gale Pooley — Superabundance: The Story of Population Growth, Innovation, and Human Flourishing on an Infinitely Bountiful Planet

The Michael Shermer Show

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How Much Is It Worth to Have an iPhone?

Michael Gilder: Wealth is knowledge, and growth is learning. He says we see these phenomenal increases in abundance in the U.S. with time. We don't just see bits of wealth added to our economy; we also see it being added to other pieces - such as a steak or an iphone. What's more important than how much you pay for things? It's what you would have to pay somebody to no longer use it,. that's the value versus the price.

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