Julian Simon (1932–1998) was an American economist who challenged Malthusian resource pessimism, famously winning the Simon-Ehrlich Wager with Paul Ehrlich, betting that commodity prices would fall over time. His Ultimate Resource argued that human ingenuity is the ultimate resource.
The most important intellectual challenge to Malthusian resource pessimism; the Simon-Ehrlich Wager became a landmark in resource economics.
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