Saturday, March 01, 2008

Resource Economist Julian Simon on YouTube


Economist Julian Simon foresaw the falling natural resource prices, increased world oil supply, and decline in farmland prices. His view of population economics is unique and persuasive. In this 6-part series now available on YouTube, Julian Simon discusses resources, environment, population growth and his analytical methods. Watch Part 1 above.

(HT: Drew Suder)


4 Comments:

At 3/01/2008 11:11 AM, Anonymous Fred said...

Huh. Who'd a thunk it. This overheated handbasket I'm in is heading for Paradise.

 
At 3/01/2008 12:20 PM, Blogger juandos said...

"This overheated handbasket I'm in is heading for Paradise"...

But is it a handbasket of YOUR own making?

What Professor Simon is saying is hardly news...

Note this bit from 2003: Exploration can cause falling non-renewable resource prices

 
At 3/03/2008 11:02 AM, Anonymous Mahciavelli999 said...

Unfortunately, the Professor does not take into account OPEC that is not interested in increasing capacity or supply. Nor does he consider a retarded US government pumping up commodity prices through various subsidies.

 
At 3/04/2008 12:38 AM, Blogger Wilson W. Cruz said...

Mahciavelli999: There is no real shortage of petroleum. What we have in the states is an ailing infrastructure where we do not have enough refineries, oil drilling, and aging pipelines. Also, tight supply could also be blamed on inefficient National Oil Companies that use their profits for political patronage and not on extraction investment. It would have been interesting to see what Simon would have thought of today's commodity prices.
This is an excellent youtube clip on Simon. Great post Dr. Perry.

 

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