Superabundance - The Story of Population Growth, Innovation, and Human Flourishing on an Infinitely Bountiful Planet – A Comprehensive Summary
Initially, there is a puzzle. It is 1980, and you are getting hitched. 100 guests are welcomed by your family at the wedding after-party. They spend a total of $10, 000 on the gathering, or $100 per person. Quick forward to 2018. You have the opportunity to throw your child’s wedding party right now.
The attendance list has grown by 72%. Although some of the old timers are no longer in the area, the cousins have added to the total. That suggests that you are now serving 172 people. If the price per guest stayed the same, your bill would total $17, 200. Taking everything into account, the total cost amounts to $4, 816, which is not quite half of what your parents paid for you. How is this even imaginable, you inquire of the food supplier? The food source responds that the cost decreased by 1% for every 1% increase in participation. Therefore, even if the number of visitors increased by 72%, your bill decreased by 72%. In reality, I’m sure things like that don’t happen.
Or do they, on the other hand…?
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