Time price

An alternative to inflation-adjusted ("real") price metrics: a good's nominal price divided by nominal hourly wage compensation, expressing cost in hours of labor required to buy it rather than in CPI-deflated dollars. The metric was developed and is used throughout the work of economists Gale L. Pooley and Marian L. Tupy — including their book Superabundance — on the premise that wage-denominated prices track lived material abundance more directly than a price index does.

Matters to this vault as the load-bearing methodological fork behind claim-three-resamplings-estimate-ehrlich-would-have-won-54-to-63-percent-of-intervals: Pooley & Tupy's finding that "Simon wins the bet 54.2 per cent of the time" is not a rival estimate of the same quantity as Kiel, Matheson & Golembiewski's CPI-deflated 61.2% Ehrlich win rate on the Simon-Ehrlich wager — it is a different metric answering a different question over a different date range. Conflating the two, treating 61.2% and 54.2% as points on one scale, was exactly the error a 2026-09-15 cross-model audit corrected in that note.

References

• claim-three-resamplings-estimate-ehrlich-would-have-won-54-to-63-percent-of-intervals