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Julian Simon on the Ultimate Resource (Forget Peak Oil, Worry About Peak Government)

By Robert Bradley Jr. -- January 1, 2010

Best of MasterResource 2009: This post originally appeared on September 5th.

Julian Simon (1932–98) is an inspiration to those of us here at MasterResource and, indeed, the whole capitalist movement. Indeed, it was he who characterized energy as the master resource and human ingenuity as the ultimate resource.

In honor of Simon, I have reproduced some quotations from his works and invite readers to add their favorite in the comment section.

“The world’s problem is not too many people, but a lack of political and economic freedom.”

– Julian Simon, The Ultimate Resource 2 (Princeton, N.Y.: Princeton University Press, 1996), p. 11.

“There is only one important resource which has shown a trend of increasing scarcity rather than increasing abundance. That resource is the most important of all—human beings.