Posts Tagged ‘The Bet’

  • env eco

    The Green Blog: An Environmental Bet

    Sep 11, 13 • 412 Views • Demand, Supply, and Markets, Economic Debates, Economic Growth, Economic History, Economic Thinkers, Environment, Financial Markets, Innovation, Macroeconomic Measurement, Regulation, Thinking Economically1 Comment

    33 years ago, an environmentalist and a economist made a $1000 bet. In The Population Bomb (1968), Paul Ehrlich predicted global ecological calamity. Disagreeing, Julian Simon said that free markets would solve environmental problems. The bet involved the