4 ms·
He also "predicted" that a basket of five common commodities would become more scarce in the face of increased demand contrary to classical economic theory[1].
by bmmayer1 9y ago
He also "predicted" that a basket of five common commodities would become more scarce in the face of increased demand contrary to classical economic theory[1]. He was thoroughly defeated.
[1]https://en.wikipedia.org/wiki/Simon%E2%80%93Ehrlich_wager https://en.wikipedia.org/wiki/Simon%E2%80%93Ehrlich_wager