Matt Kibbe is joined by Marian Tupy, senior fellow at the Cato Institute and author of “Superabundance,” to talk about the ways in which the standard of living has dramatically increased over the years. It has become fashionable to assert that things are getting worse, wages have stagnated, and prosperity is a thing of the past, but in reality the opposite is true. If you look at the numbers, as Tupy does in his book, it’s indisputable that we’ve made amazing progress as a species, and yet many refuse to recognize it. The reason is that utopian thinking leads to comparing the present not to the past, but to an unrealizable ideal that exists only in the imagination. When you make this comparison, you are bound to be disappointed. A more realistic approach shows that this resentment is misplaced and that in fact we should be grateful for all the wealth and prosperity we now enjoy.
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