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Resources Are Almost 5 Times as Abundant as They Were in 1980

The following article originally appeared in Reason. Humanity is enjoying a world of increasingly cheap and ever more abundant mineral, agricultural, forestry and energy resources reports a brilliant new study, the Simon Abundance Index. This analysis by Marian Tupy,* editor of Human Progress at the Cato Institute, and Professor Gale Pooley from Brigham Young University – Hawaii uses data on 50 different commodities to track their price trajectories over the past 37 years from the World Bank and International Monetary Fund. They find in real price terms their basket of commodities decreased by an average of 36.3 percent between 1980 and 2017. That's great, but their...

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Copper, Nickel, and Titanium Mining Would Nearly Offset Estimated Population Decline in Northern Minnesota

The Minnesota state demographer expects the population in five northern counties to shrink, on net, by 9,710 people by 2050. That is, unless 8,500 people are employed as a result of new jobs created by mining Minnesota's wealth of copper, nickel, platinum, cobalt, and titanium resources....

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Upper Michigan’s Population Dwindles Despite “Sustainable” Tourism Economy

Mining opponents often talk about tourism as a "sustainable" form of economic activity. However, based on the fact that the population of Upper Michigan continues to decline, the so-called "sustainable economy" is clearly not doing enough to sustain families and businesses in the region....

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