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Quote by Julian Simon

“The most important benefit of population size and growth is the increase it brings to the stock of useful knowledge. Minds matter economically as much as, or more than, hands or mouths.”

Quote by Julian Simon

Book:The Ultimate Resource 2

Work

The Ultimate Resource 2

This book explores various aspects of resource management, including economic, environmental, and social perspectives, offering insights into sustainable practices and strategies for efficient resource allocation. more

Author

Julian Simon was an American economist known for his unique views on resource scarcity and population growth. He conducted extensive research in the field of economics, particularly in resource and population economics. Professor Simon's theories and research findings have had a profound impact on policymakers and the academic community worldwide. more

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“Not understanding the process of a spontaneously-ordered economy goes hand-in-hand with not understanding the creation of resources and wealth. And when a person does not understand the creation of resources and wealth, the only intellectual alternative is to believe that increasing wealth must be at the cost of someone else. This belief that our good fortune must be an exploitation of others may be the taproot of false prophecy about doom that our evil ways must bring upon us.”

“Greater consumption due to increase in population and growth of income heightens scarcity and induces price run-ups. A higher price represents an opportunity that leads inventors and businesspeople to seek new ways to satisfy the shortages. Some fail, at cost to themselves. A few succeed, and the final result is that we end up better off than if the original shortage problems had never arisen. That is, we need our problems, though this does not imply that we should purposely create additional problems for ourselves.”

“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.”

Force Wealth Ability Levels Technology Depends Capacity Essence Forces Of Nature New Knowledge

Book:The Ultimate Resource 2

Source: The Ultimate Resource 2

“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.”

Ifs Giving Years Doe Reason Past Natural Economic Resources Guides Proportion Expenses Finite Supplies Scarce Natural Resources Past Experiences

Author:Julian Simon

“Based on first-hand evidence of your own senses - the improved health and later ages at which acquaintances die nowadays as compared with the past; the material goods that we now possess; the speed at which information, entertainment, and we ourselves move freely throughout the world - it seems to me that a person must be literally deaf and blind not to perceive that humanity is in a much better state than ever before.”

World Firsts Persons States Hands Seems Age Past Moving Humanity Dies Information Materials Evidence Blind Entertainment Speed Senses Perceive Goods Deaf Acquaintance Deaf And Blind

Author:Julian Simon

“What happens, I think, is especially for comic effect you find something about yourself that you don't like. You exaggerate it, and it's funny.”

Thinking Happens Effects Like You Comic About Yourself Exaggeration

Author:Wayne Knight

“It's good to go back and look at what other states are doing. For example, Mayo Clinics and the University of Minnesota had a collaborative grant program that we modeled our program after, so we went back to talk to them about the successes of their program. It's been very successful, the state is going back to fund it again, and it's resulted in a great deal of collaboration and specifically patented technology.”

Looks States Deals Technology Successful Example Program University Fund Grants Collaboration Minnesota Clinic

Author:Brian Thompson

“Many people are deficient in vitamin D. A glass of milk, for example, has only 100 IU. Other foods, such as orange juice, yogurt and cheese, are now beginning to be fortified, but you have to work fairly hard to reach 1,000 IU a day.”

People Hard Example Glasses Milk Cheese Orange Juice Vitamins Yogurt Orange Juice Vitamin D

Author:Frank C. Garland

“Judges in Texas swing the gavel with one hand and take money with the other.”

Hands Judging Texas Swings Gavel

Author:Craig McDonald

“Anyone can be a teacher or professor, but not everyone can influence you to strive for excellence and make a difference in the world around you.”

World Differences Teacher Influence Excellence Strive Making A Difference Professors

Author:Curtis White