Julian Simon
Julian Simon was one of the most influential and prolific authors of the 20th century. He wrote countless books and articles on a wide range of topics including economics, population studies, public policy, and the environment. Simon was an early proponent of the “rational optimist” view of the world, believing that, over the long run, humans would find solutions to many of the challenges they face today. He is credited with popularizing the concept of the “Ultimate Resource”-that human ingenuity is our ultimate resource and can solve any problem we face.
Simon was born in 1932 in Baltimore, Maryland and was raised in a conservative Jewish home. He earned a Bachelor’s degree in business from the University of Pennsylvania in 1954, and a Master’s degree in economics from Johns Hopkins University two years later. He also studied at Harvard University and the London School of Economics. After serving as an economist for the US Census Bureau from 1958 to 1961, Simon became an economist at the Brookings Institution until 1965.
Simon was highly influential in the field of population studies and wrote widely on the topic. In 1978, he wrote the book The Economics of Population Growth which argued that population growth could be a positive force for economic growth if used effectively. In later works, he argued that population growth was not an inherently dangerous factor, and could even be beneficial if used well.
Simon was also an early advocate of environmental protection and sustainability. He was in fact one of the earliest ‘ecological economists’, drawing attention to the potential risks of pollution and resource depletion as early as the 1960s. According to Simon, the true economic benefits of sustainability were in improved competitiveness – by reducing the costs of resources and energy, companies could improve their profitability and maintain a competitive edge.
One of Simon’s most notable books was The Ultimate Resource, published in 1981. In this book, Simon argued that the Earth’s resources are not finite and can be replenished or substituted by human ingenuity. He believed humans would be able to find creative solutions to environmental problems and that the ultimate resource was in fact human ingenuity.
Over the years, Simon has been both praised and criticized for his views. On the one hand, many have pointed out that his view of the world’s resources as infinite seems to overlook both the empirical evidence of resource depletion and the moral implications of exploiting resources in unsustainable ways. On the other hand, some of his ideas, such as the importance of using resources efficiently, have now been embraced by much of the environmental movement.
Overall, Julian Simon remains an important figure in economics and public policy, both for his contributions to population studies and his advocacy of the importance of resource efficiency and human ingenuity in the face of environmental challenges. Despite these criticisms, much of Simon’s important work remains relevant today and his ideas will undoubtedly continue to shape our understanding of the economy, population, and the environment for years to come.