Professor of Economics, University of Maryland
Appears in 1 story
Won the wager; died February 8, 1998
In 1980, biologist Paul Ehrlich—who had warned that hundreds of millions would starve to death in the 1970s—agreed to bet economist Julian Simon on the price of five commodity metals. If inflation-adjusted prices rose over the decade, Ehrlich wins; if they fell, Simon wins.
Updated May 30
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