Julian Simon

by Don Boudreaux on September 19, 2008

in Standard of Living, Video

The three scholars who have had the the greatest impact on my own thinking are F.A. Hayek, James Buchanan, and Julian Simon.

I just found this nine-minute-long video of Julian Simon summarizing his vital idea of "the ultimate resource."  This idea is one of the most profound — and least understood — in all of the social sciences.

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