# Julian Simon
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Julian Lincoln Simon (February 12, 1932 – February 8, 1998) was an American professor of business administration at the University of Maryland and a Senior Fellow at the Cato Institute at the time of his death, after previously serving as a longtime economics and business professor at the University of Illinois at Urbana-Champaign.Simon wrote many books and articles, mostly on economic subjects. He is best known for his work on population, natural resources, and immigration. Simon is sometimes associated with cornucopian views, but he denied the label.
The Most Important Bet You've Never Heard Of
Have you heard of the bet between Paul Ehrlich and Julian Simon. You know, the bet about whether commodity prices would rise or fall in the 1980s? If you're like most of the population, you haven't. That's because this wasn't some mere wager about economics, this was a contest between the forces of…
Thanos Was Wrong. More People Means More Resources. | The Show
If our population keeps growing, won’t we eventually run out of resources?
According to Marian Tupy, the answer is no. Tupy is a Senior Fellow at the Cato Institute who recently co-authored Superabundance, a book exploring this very question. More people means more mouths to feed, but it also means…
Ep 393 | Economics 101: Free Markets vs. Socialism
From Paul Ehrlich’s failed predictions to Julian Simon’s winning bet, this analysis explores how human ingenuity outpaces fears of scarcity. Kevin Freeman contrasts third-party payer health care with first-party market dynamics, highlighting incentives, costs, and outcomes. Historical case studies …
The Economists You Probably Don’t Know—But Should
You know Adam Smith and Milton Friedman—but what about the economists whose ideas quietly kept the free market running? These overlooked thinkers shaped modern economic life, yet rarely receive the recognition they deserve. "Unsung Heroes of the Market: The 24 Underrated Economists You Need to Know…
Cicero On Duties, Episode 28 - The Benefits of Civilization
All the goods of civilized life depend on human cooperation. With hosts Josh Bowman, Chris Anadale, and Katherine Bradshaw.-----IN THIS EPISODEBook 2, Chapters 9-15-----INDEX0:00 Introduction to Episode 282:17 Book 2 Ch 9-10, Everything Honorable is Beneficial11:35 Book 2 Ch 11-13, Cicero on the Ro…
The infamous overpopulation bet: Simon vs. Ehrlich - Soraya Field Fiorio
Discover an infamous bet between two professors, which sought to predict whether the earth would run out of resources due to a growing human population.--In 1980, Paul Ehrlich and Julian Simon bet $1,000 on a question with stakes that couldn’t be higher: would the earth run out of resources to sust…
Five Ways States Can Make Life More Affordable | TWE 178
Scarcity is natural, but abundance can be created.
In this episode, I explain why free-market capitalism has been so effective at turning scarce resources into greater prosperity. From Julian Simon’s famous wager to housing, energy, healthcare, AI, and data centers, the same economic lesson keeps a…
Finding Crazy Town Part 3: Unlimited Limits to Growth
Can our economy keep growing forever on a finite planet?
In this third installment of Finding Crazy Town, we explore the idea of exponential economic growth, why economists and politicians have become so committed to it, and what happens when our economic models fail to account for the environmenta…
How Capitalism Creates Abundance | TWE 179
Scarcity is part of life. But free people have an extraordinary ability to overcome it.
In TWE 179, I explain how free-market capitalism creates abundance through prices, entrepreneurship, competition, innovation, and human ingenuity.
From Julian Simon's famous wager to housing, energy, healthcar…
Why Airlines Pay You to Miss Your Flight
A flight is full. The gate agent offers $400 for someone to take a later plane. Nobody moves. Then the offer becomes $500. Then $600. The number stops moving the moment somebody stands up.
The next time you hear an airline asking for volunteers at the gate, you'll notice the price moving — and kno…
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