Professor of Business Administration, author
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  • Julian Simon

    Julian Lincoln Simon (12 February 1932 – 8 February 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, Julian (1932-1998), by Donald J. Boudreaux, The Encyclopedia of Libertarianism, 15 Aug 2008
    Biographical essay
    "Julian Simon was one of the most underappreciated economists of the 20th century. ... Although Simon wrote on an unusually wide range of topics—including statistical methods and mental depression—Simon's greatest contribution to economics is his refinement of the idea that humans are 'the ultimate resource.' Simon argued there are no resources without human creativity to figure out how to use them and human effort to actually do so. ... Population researcher Paul Ehrlich found Simon's optimism about population growth to be so absurd that he famously accepted a bet offered by Simon in 1980."
    Related Topic: Economic Resources


    Independent Institute, In Memoriam Research Fellow


    35 Heroes of Freedom: Celebrating the people who have made the world groovier and groovier since 1968, by Reason, Reason, Dec 2003
    List of individuals who, according to Reason editors, have "have made the world a freer, better, and more libertarian place by example, invention, or action" (includes the unknown martyr of Tiananmen Square and a generic "The Yuppie")
    "In books such as The Ultimate Resource and The State of Humanity, the late 'Doomslayer' patiently and exhaustively collected the data proving that neo-Malthusians such as Paul Ehrlich and Lester Brown were blowing smoke about environmental degradation and overpopulation."
    Barack Obama: The Anti Economic Growth President, by Jim Powell, 29 Feb 2012
    Lists and criticizes several of Obama's policies and proposals and discusses why economic growth and progress is beneficial
    "Human progress began eons before there were modern welfare states, and it has continued up to the present wherever governments weren't disrupting markets with taxation, regulation, expropriation or war. Economist Julian Simon noted that 'In the nineteenth century, the planet Earth could sustain only one billion people. Ten thousand years ago, only 4 million could keep themselves alive. Now, more than 5 billion people are living longer and more healthily than ever before, on average.'"
    Julian L. Simon - Hero of the Day, by John C. LeGere, The Daily Objectivist, 2000
    Julian Simon, combatant in a 200-year war, by Thomas Sowell, 12 Feb 1998
    "Julian Simon set out to explain what happened to real population in the real world, not what happens in abstract models or popular hysteria. In the real world, as he demonstrated with masses of facts and in-depth analysis, we are nowhere near to running low on food or natural resources."
    Julian Simon, Lifesaver: Julian Simon Was a Hero of the Free Market, by Donald J. Boudreaux, The Freeman, Apr 1998
    Reflections on the passing of Julian Simon
    "Julian's foremost contribution to humankind was his demonstration that prosperity and a healthy environment are best assured when governments respect private property and free markets—because only within free markets can human creativity flourish."
    Julian Simon Remembered: It's a Wonderful Life, by Stephen Moore, Cato Policy Report, Mar 1998
    "The ultimate embarrassment for the Malthusians was when Paul Ehrlich bet Simon $1,000 in 1980 that five resources (of Ehrlich's choosing) would be more expensive in 10 years. Ehrlich lost: 10 years later every one of the resources had declined in price by an average of 40 percent."
    The Doomslayer, Wired, Feb 1997
    "The environment is going to hell, and human life is doomed to only get worse, right? Wrong. Conventional wisdom, meet Julian Simon, the Doomslayer. ... a neither shy nor retiring nor particularly mild-mannered professor of business administration at a middling eastern-seaboard state university."


    Natural Resources Aren't Finite, Cato Institute Commentary, 4 Mar 1997
    "... the term 'finite' is ... downright misleading when applied to natural resources. The mathematical definition of 'finite' is quite different from a useful economic definition. ... After centuries of slow progress ... science is attaining an undreamed-of ability to create new materials."
    On Keynes as a Practical Economist, The Freeman, Aug 1996
    "Could these assertions of impending scarcity have been more wildly in error? Not likely. ... Millions of plain American farmers had a far better grasp of the agricultural reality in the 1920s than did Keynes. ... So much for Keynes's wisdom as an economist and a seer into the future."
    The State of Humanity: Good and Getting Better, by Sheldon Richman, Julian Simon, 11 Nov 1996
    Contrasts a pessimistic 1980 prediction on the state of the world in the year 2000 with the actual state in the mid-1990's.
    "Since antiquity, people have worried about running out of natural resources. Yet, amazingly, all the historical evidence shows that raw materials — all of them, even oil — have become more abundant rather than less. ... 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 benefit and inevitably benefit the rest of us as well."
    Related Topic: Economic Resources
    What About Immigration?, The Freeman, Jan 1986
    "We sometimes seem frightened at the number of persons who want to come to the United States; we act as if we are under siege. ... we should be glad that our society is sufficiently attractive to have what is called an immigration problem. ... totalitarian countries have no difficulty of this sort."

    Books Authored

    A Life Against the Grain: The Autobiography of an Unconventional Economist, 2002
    Hoodwinking the Nation, 1999
    It's Getting Better All the Time: 100 Greatest Trends of the Last 100 Years
        by Stephen Moore, Julian Simon, Cato Institute, 2000
    Partial contents: Health - Diets and Nutrition - Wealth - The State of Poor Americans - The State of Children and Teens - The American Worker - Leisure, Recreation, and Entertainment - Housing - Transportation, Innovation, and Scientific Progress
    The State of Humanity, 1995
    The Ultimate Resource 2, 1996
    • ISBN 0691042691: Hardcover, Princeton University Press, Revised edition, 1996
    • ISBN 0691003815: Paperback, Princeton University Press, Revised edition, 1998

    The introductory paragraph uses material from the Wikipedia article "Julian Simon" as of 17 Jul 2018, which is released under the Creative Commons Attribution-Share-Alike License 3.0.