Quotation of the Day…
Posted By Don Boudreaux On November 1, 2011 @ 7:57 am In Complexity & Emergence,Growth,Innovation | Comments Disabled
… is from page 24 of Julian Simon’s profound 1996 book The Ultimate Resource 2 [1]:
[N]atural resources are not finite in any meaningful economic sense, mind-boggling though this assertion may be. The stocks of them are not fixed but rather are expanding through human ingenuity.
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[1] The Ultimate Resource 2: http://www.juliansimon.com/writings/Ultimate_Resource/
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