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In 1980 economist Julian Simon bet biologist Paul Ehrlich that the price
of five commodity metals would decrease over the next 10 years. Today
on the program Pierre Desrochers of the University of Toronto
Mississauga joins us to explain how the bet came about, who won, and
what was really at stake. Along the way we learn about depletionism
versus resourceship, how lack of imagination leads people toward
hysteria and failed predictions, and why the human brain is the greatest
resource of all.
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