Julian Simon
Julian Simon
Julian Lincoln Simon was a professor of business administration at the University of Maryland and a Senior Fellow at the Cato Institute at the time of his death, after previously serving as a longtime economics and business professor at the University of Illinois at Urbana-Champaign...
ProfessionEconomist
Date of Birth12 February 1932
Julian Simon quotes about
running hands people
It is your mind that matters economically, as much or more than your mouth or hands. In the long run, the most important economic effect of population size and growth is the contribution of additional people to our stock of useful knowledge. And this contribution is large enough in the long run to overcome all the costs of population growth.
technology essence levels
The essence of wealth is the capacity to control the forces of nature, and the extent of wealth depends upon the level of technology and the ability to create new knowledge.
technology hands years
We now have in our hands—really, in our libraries—the technology to feed, clothe, and supply energy to an ever-growing population for the next seven billion years.
hands growth mind
The most important benefit of population size and growth is the increase it brings to the stock of useful knowledge. Minds matter economically as much as, or more than, hands or mouths.
running country thinking
This is my long-run forecast in brief: The material conditions of life will continue to get better for most people, in most countries, most of the time, indefinetly. Within a century or two, all nations and most of humanity will be at or above today's Western living standards. I also speculate, however, that many people will continue to think and say that the conditions of life are getting worse.
running opportunity growth
Greater consumption due to increase in population and growth of income heightens scarcity and induces price run-ups. A higher price represents an opportunity that leads inventors and businesspeople to seek new ways to satisfy the shortages. Some fail, at cost to themselves. A few succeed, and the final result is that we end up better off than if the original shortage problems had never arisen. That is, we need our problems, though this does not imply that we should purposely create additional problems for ourselves.
important energy transformation
Energy is the master resource, because energy enables us to convert one material into another. As natural scientists continue to learn more about the transformation of materials from one form to another with the aid of energy, energy will be even more important.
government intellectual mind
Friedrich Hayek, who died on March 23, 1992 at age 92, was arguably the greatest social scientist of the twentieth century. By the time of his death, his fundamental way of thought had supplanted the system of John Maynard Keynes - his chief intellectual rival of the century - in the battle since the 1930s for the minds of economists and the policies of governments.
using-resources asking matter
Because we can expect future generations to be richer than we are, no matter what we do about resources, asking us to refrain from using resources now so that future generations can have them later is like asking the poor to make gifts to the rich.
religious school marine
Letting the religious right teach ID in schools is like letting the Marines teach poetry in advanced combat training. As a scientist, I see these the relevancy between the two sets to be equal. If Kansas is going to mess up like this, the least it can do is not be hypocritical and allow equal time for other alternative "theories" like FSMism, which is by far the tastier choice.
moving past hands
Based on first-hand evidence of your own senses - the improved health and later ages at which acquaintances die nowadays as compared with the past; the material goods that we now possess; the speed at which information, entertainment, and we ourselves move freely throughout the world - it seems to me that a person must be literally deaf and blind not to perceive that humanity is in a much better state than ever before.
mean people imagination
Adding more people causes problems. But people are also the means to solve these problems. The main fuel to speed the world’s progress is our stock of knowledge; the brakes are our lack of imagination and unsound social regulations of these activities. The ultimate resource is people—especially skilled, spirited, and hopeful young people endowed with liberty—who will exert their wills and imaginations for their own benefits, and so inevitably they will benefit the rest of us as well.
grateful doctors years
People call me an optimist, but I'm really an appreciator ... years ago, I was cured of a badly infected finger with antibiotics when once my doctor could have recommended only a hot water soak or, eventually, surgery.... When I was six years old and had scarlet fever, the first of the miracle drugs, sulfanilamide, saved my life. I'm grateful for computers and photocopiers ... I appreciate where we've come from.
humans human-beings
Human beings create more than they destroy.