Julian simon and paul ehrlich

The Simon–Ehrlich wager was a 1980 scientific wager between business professor Julian Simon and biologist Paul Ehrlich, betting on a mutually agreed-upon.

In , Julian Simon, the recently deceased economist and author of The Ultimate Resource, offered to environmentalists a wager based on his assertion that the price of any raw material would indefinitely decline on a future date. The wager was taken up by Paul Ehrlich, author of the best- selling.

The Simon–Ehrlich wager was a 1980 scientific wager between business professor Julian Simon and biologist Paul Ehrlich, betting on a mutually agreed-upon measure of resource scarcity over the decade leading up to 1990.

They put him at odds with the doomsayers of his day, such as Paul Ehrlich of Stanford University, whose best-selling book The Population Bomb argued that over-population would lead to the exhaustion of natural resources and mega-famines.

In 1980, Julian Simon and Paul Ehrlich bet on the future of natural resource prices as a vehicle for their public debate about mankind's future.

In , Paul Ehrlich and Julian Simon bet $1, on a question with stakes that couldn’t be higher: would the earth run out of resources to sustain a growing human population? They bet $ on the price of five metals. If the price of a metal decreased or held steady over the next decade, Simon.