“More people, and increased income, cause resources to become more scarce in the short run. Heightened scarcity causes prices to rise. The higher prices present opportunity, and prompt inventors and entrepreneurs to search for new solutions... in the long run, the new developments leave us better off than if the problems had not arisen.”

About Julian Lincoln Simon

Economist • American

Julian Lincoln Simon was an American professor of business administration and a prominent economist known for his optimistic views on population growth and resource availability. He famously argued that human ingenuity...