The market economy succeeds, not by triumphing over human nature, but by guiding it toward constructive ends.
In contrast, utopian schemes that attempt to erase hierarchy and competition often fail because they ignore our deep psychological drives.
In 2026, 52 percent of European workers reported using AI at work, up from 26 percent in 2024. Median users said it saves them about three hours a week.
The economist Mark Perry regularly publishes a chart illustrating how the nominal prices of US goods and services have changed.
We have compared each product to the change in average hourly wages to calculate the change in abundance.
