Kiel, Katherine; Matheson, Victor; Golembiewski, Kevin - In: Ecological Economics 69 (2010) 7, pp. 1365-1367
In 1980, Paul Ehrlich and Julian Simon placed a famous bet on whether the prices of a bundle of natural resources would rise or fall over the ensuing decade. Simon won the bet as the real price of the bundle fell significantly, and the result of this bet has been taken as proof that...