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The Simon-Erlich Wager at Seven Billion People

Reposted from: http://wattsupwiththat.com/2012/01/25/the-simon-erlich-wager-at-seven-billion-people/

January 25, 2012 @ 6:00 am

Guest post by David Middleton Back in 1980, the great libertarian economist, Julian Simon, and the prepetually wrong Malthusian biologist, Paul Erlich, entered into a little wager regarding population growth and resource scarcity. They decided on using the inflation-adjusted prices … Continue reading