14. The reason there will be no change is because
the people who stand to lose from change
have all the power. And the people who stand
to gain from change have none of the power.
-Machiavelli
15. The person with the
knowledge should have the
power to make the decision
Knowledge and Power
26. 1997 2020 $40,000
Increased by
167%
You get 0.375
of a degree
$148
Decreased by 99.0%
You get 100 TVs
Large-Screen TV
$15,000
College Degree
$15,000
In the past 23
years a college
degree has
become 267 times
more expensive
relative to TVs
100 ÷ .375 = 267
27. 1997
2020
Large-Screen TV
1997 2020
Nominal Price $15,000 $148
Average Hourly
Income
$12.50 $24.60
Time Price
in Hours
1,200 6
Time Price
Declined by 99.5%
Resource Abundance Multiplier: 200
Percentage Change in Personal
Resource Abundance: 19,900 percent