Julian Simon

mind economy mouth hand poplation growth knowledge stock

"It is your mind that matters economically, as much or more than your mouth or hands. In the long run, the most important economic effect of population size and growth is the contribution of additional people to our stock of useful knowledge. And this contribution is large enough in the long run to overcome all the costs of population growth."

— Julian Simon (1932-1998)

supply resource scarce less costly future

"Our supplies of natural resources are not finite in any economic sense. Nor does past experience give reason to expect natural resources to become more scarce. Rather, if history is any guide, natural resources will progressively become less costly, hence less scarce, and will constitute a smaller proportion of our expenses in future years."

— Julian Simon (1932-1998)

people problem fuel knowledge brake imagination

"Adding more people causes problems. But people are also the means to solve these problems. The main fuel to speed the world’s progress is our stock of knowledge; the brakes are our lack of imagination and unsound social regulations of these activities. The ultimate resource is people—especially skilled, spirited, and hopeful young people endowed with liberty—who will exert their wills and imaginations for their own benefits, and so inevitably they will benefit the rest of us as well."

— Julian Simon (1932-1998)

problem world people political economic freedom

"The world's problem is not too many people, but lack of political and economic freedom."

— Julian Simon (1932-1998)

fuel world progress knowledge brake imagination

"The main fuel to speed the world's progress is our stock of knowledge, and the brake is our lack of imagination."

— Julian Simon (1932-1998)

wealth control nature technology knowledge creation

"The essence of wealth is the capacity to control the forces of nature, and the extent of wealth depends upon the level of technology and the ability to create new knowledge."

— Julian Simon (1932-1998)

standard living population economy

"The standard of living has risen along with the size of the world's population since the beginning of recorded time. There is no convincing economic reason why these trends toward a better life should not continue indefinitely."

energy master resource convert material

"Energy is the master resource, because energy enables us to convert one material into another. As natural scientists continue to learn more about the transformation of materials from one form to another with the aid of energy, energy will be even more important."

— Julian Simon (1932-1998)

increase world population victory death

"The increase in the world's population represents our victory over death."

— Julian Simon (1932-1998)