Audio Clips

03 December 2011

The Trumping Resource: Innovation

Julian Simon was an economist who boldly defied the Malthusian ethic that resources would eventually dwindle and mankind would suffer the consequences.  His argument was that human ingenuity and innovation combined with free-market principles would come up with more efficient ways to use resources and alternative resources for those in decline.  That's why I have a hard time worrying about "peak oil".  Here is a great video on this topic.

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