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Wanna bet on that hypothesis?
The Scientist 2005, 19(14):13
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In 1980, Stanford biologist Paul Ehrlich took up economist Julian Simon on a bet that the market price of five metals would drop over the next decade. Simon thought that the Earth's resources are effectively infinite, while Ehrlich had been predicting imminent resource scarcity. In 1990, Simon won $567.07, a sum equal to the drop in price of metals worth $1,000 a decade earlier.
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