Wager between Julian Simon and Paul EhrlichJulian Simon
and Paul Ehrlich
entered in a famous wager in 1980
, betting on a mutually agreed upon measure of resource scarcity over the decade leading up to 1990
Simon and Erlich agreed to bet on the price of several commodity metals. Erlich chose 5 metals: copper, chrome, nickel, tin, and tungsten. Simon bet that their prices would go down.
Julian Simon won handily.
Overpopulation -- The Population Explosion "Brownlash" and the wager