All Posts Tagged With: "crude oil"
Remembering Julian Simon
Paul A. Cleveland is a professor of economics at Birmingham-Southern College in Alabama. Erin Hagert is studying economics at The King’s College in New York. The late Julian Simon was not a household name, but he left an indelible mark nonetheless by demanding that environmentalists produce evidence for their doomsday predictions. Meanwhile, he produced his [...]
1Jan2007 | and Paul A. Cleveland | 1 comment | ContinuedHuman Creativity
Leonard Read’s most celebrated essay is his brilliant “I, Pencil.” Even Milton Friedman—no slouch at bringing economics to life—acknowledges a debt to Read for demonstrating so vividly the enormous amount of human cooperation routinely achieved by free markets. “I, Pencil” makes clear that the knowledge and cooperation of literally millions of people are necessary to [...]
1Mar2001 | Donald J. Boudreaux | 0 comments | Continued-
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