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Economics & Business

Julian Simon

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Who

Julian Simon · Economics & Business

What

Economist

When

1932, Newark, New Jersey, United States — 1998, Chevy Chase, Maryland, United States

Where

United States

Biography

Julian Simon is recognized among Jewish contributors to Economics & Business — Economist

How & why

Simon was an American economist who argued that human ingenuity — the 'ultimate resource' — tends to overcome resource scarcity, so that population growth need not spell disaster. He won the famous Simon–Ehrlich wager (1980–1990) when the prices of five metals fell despite rising population, a striking test of his optimism about resources. His ideas also influenced airline practice by proposing compensation for volunteers on overbooked flights. He was Jewish.

Sources & external links

Verify and go deeper with these external references.

Source: Jinfo.org — Jewish Economists

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Contributions & Sources

Economist

Source: Jinfo.org — Jewish Economists