Julian Simon

Economist

Julian Simon was an economist known for his optimistic views on human innovation and resource management, particularly in his work 'The Ultimate Resource'.

Born
February 12, 1932
Died
February 8, 2008
Quotes
25
Rank
#5490

About Julian Simon

Julian Simon — Life and Legacy

Julian Simon was an influential economist whose work focused on the relationship between human creativity and resource management. He is best known for his book 'The Ultimate Resource', where he argued that the true resource is human ingenuity. Simon's perspective was revolutionary; he believed that rather than being a burden, population growth could lead to increased innovation and economic development. His assertion that 'the ultimate resource is people' reflects his conviction that human creativity is limitless and can solve pressing global issues. Simon's ideas often challenged the prevailing notions of scarcity and environmental doom. He famously debated the limits to growth, positing that innovation could continuously expand resources and improve living standards. His quote, 'More people mean more brains to solve problems,' encapsulates his belief that human potential is the key to progress. By emphasizing the importance of freedom and innovation, Simon's work encourages a forward-thinking approach to economic and environmental challenges. Today, Simon's insights remain relevant as societies grapple with issues of sustainability and resource management. His optimistic view of human potential inspires a belief in the power of innovation to create solutions for future generations.

Quote collection

Julian Simon quotes (page 1 of 2)

25 quotes — follow a thought to its full quote page.

Julian Simon Economist
Popular

"It is your mind that matters economically, as much or more than your mouth or hands. In the long run, the most important economic effect of population size and growth is the contribution of additional people to our stock of useful knowledge. And this contribution is large enough in the long run to overcome all the costs of population growth."

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Julian Simon Economist
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"Adding more people causes problems. But people are also the means to solve these problems. The main fuel to speed the world’s progress is our stock of knowledge; the brakes are our lack of imagination and unsound social regulations of these activities. The ultimate resource is people—especially skilled, spirited, and hopeful young people endowed with liberty—who will exert their wills and imaginations for their own benefits, and so inevitably they will benefit the rest of us as well."

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Julian Simon Economist
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"Our supplies of natural resources are not finite in any economic sense. Nor does past experience give reason to expect natural resources to become more scarce. Rather, if history is any guide, natural resources will progressively become less costly, hence less scarce, and will constitute a smaller proportion of our expenses in future years."

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Julian Simon Economist
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"The world's problem is not too many people, but lack of political and economic freedom."

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Julian Simon Economist
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"The most important benefit of population size and growth is the increase it brings to the stock of useful knowledge. Minds matter economically as much as, or more than, hands or mouths."

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Julian Simon Economist
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"This is my long-run forecast in brief: The material conditions of life will continue to get better for most people, in most countries, most of the time, indefinitely. Within a century or two, all nations and most of humanity will be at or above today's Western living standards. I also speculate, however, that many people will continue to think and say that the conditions of life are getting worse."

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Julian Simon Economist
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"Greater consumption due to increase in population and growth of income heightens scarcity and induces price run-ups. A higher price represents an opportunity that leads inventors and businesspeople to seek new ways to satisfy the shortages. Some fail, at cost to themselves. A few succeed, and the final result is that we end up better off than if the original shortage problems had never arisen. That is, we need our problems, though this does not imply that we should purposely create additional problems for ourselves."

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Julian Simon Economist
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"We now have in our hands—really, in our libraries—the technology to feed, clothe, and supply energy to an ever-growing population for the next seven billion years."

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Julian Simon Economist
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"The essence of wealth is the capacity to control the forces of nature, and the extent of wealth depends upon the level of technology and the ability to create new knowledge."

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Julian Simon Economist
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"The main fuel to speed the world's progress is our stock of knowledge, and the brake is our lack of imagination."

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Julian Simon Economist
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"Not understanding the process of a spontaneously-ordered economy goes hand-in-hand with not understanding the creation of resources and wealth. And when a person does not understand the creation of resources and wealth, the only intellectual alternative is to believe that increasing wealth must be at the cost of someone else. This belief that our good fortune must be an exploitation of others may be the taproot of false prophecy about doom that our evil ways must bring upon us."

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Julian Simon Economist
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"There is only one important resource which has shown a trend of increasing scarcity rather than increasing abundance. That resource is the most important of all—human beings. . . . [An] increase in the price of peoples’ services is a clear indication that people are becoming more scarce even though there are more of us."

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Julian Simon Economist
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"Because we can expect future generations to be richer than we are, no matter what we do about resources, asking us to refrain from using resources now so that future generations can have them later is like asking the poor to make gifts to the rich."

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Julian Simon Economist
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"Our whole evolution up to this point shows that human groups spontaneously evolve patterns of behavior, as well as patterns of training people for that behavior, which tend on balance to lead people to create rather than destroy. Humans are, on net balance, builders rather than destroyers."

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Julian Simon Economist
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"Energy is the master resource, because energy enables us to convert one material into another. As natural scientists continue to learn more about the transformation of materials from one form to another with the aid of energy, energy will be even more important."

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Julian Simon Economist
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"Based on first-hand evidence of your own senses - the improved health and later ages at which acquaintances die nowadays as compared with the past; the material goods that we now possess; the speed at which information, entertainment, and we ourselves move freely throughout the world - it seems to me that a person must be literally deaf and blind not to perceive that humanity is in a much better state than ever before."

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Julian Simon Economist
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"Letting the religious right teach ID in schools is like letting the Marines teach poetry in advanced combat training. As a scientist, I see these the relevancy between the two sets to be equal. If Kansas is going to mess up like this, the least it can do is not be hypocritical and allow equal time for other alternative "theories" like FSMism, which is by far the tastier choice."

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Julian Simon Economist
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"The standard of living has risen along with the size of the world's population since the beginning of recorded time. There is no convincing economic reason why these trends toward a better life should not continue indefinitely."

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Julian Simon Economist
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"People call me an optimist, but I'm really an appreciator ... years ago, I was cured of a badly infected finger with antibiotics when once my doctor could have recommended only a hot water soak or, eventually, surgery.... When I was six years old and had scarlet fever, the first of the miracle drugs, sulfanilamide, saved my life. I'm grateful for computers and photocopiers ... I appreciate where we've come from."

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