Julian Simon

Julian Simon

The main fuel to speed the world's progress is our stock of knowledge, and the brake is our lack of imagination.More Julian Simon quotes [03/29/2018 05:03:36]
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.More Julian Simon quotes [03/29/2018 05:03:36]
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, indefinetly. 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.More Julian Simon quotes [03/29/2018 05:03:36]
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.More Julian Simon quotes [03/29/2018 05:03:36]
Not understanding the process of a spontaneously-ordered economy goes hand-in-hand with not understanding the creation of resources and wealth.More Julian Simon quotes [03/29/2018 05:03:36]

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