Keep up to date with every new upload!

Join free & follow The Tom Woods Show
Share
  • 3 years ago
Ep. 501 How Libertarians Won the Bet of the Century

Ep. 501 How Libertarians Won the Bet of the Century

In 1980, Julian Simon offered to let doomsayer Paul Ehrlich choose any commodity metals he liked, and if their inflation-adjusted prices increased by 1990, Simon would pay $1000. But if they fell, Ehrlich would pay. The question was: would human ingenuity figure out ways to conserve on these metals, and/or find substitutes for them? By ...

Comments