Who would have won the Simon-Ehrlich bet over different decades, and what do long-term prices tell us about resource scarcity?
6 January 2025 at 04:00
In the 1980s, economist Julian Simon won his bet with biologist Paul Ehrlich on mineral prices. But what does the long-term data tell us about supply and demand for resources?<br><br><a href="https://ourworldindata.org/simon-ehrlich-bet" target="_blank"><img src="https://ourworldindata.org/cdn-cgi/imagedelivery/qLq-8BTgXU8yG0N6HnOy8g/0ca9751d-f29d-46bb-8e3f-31eaf6087d00/w=1350"/></a>