https://www.cato.org/economic-development-bulletin/julian-simon-was-right-half-century-population-growth-increasing#simon-s-wisdom-in-historical-perspective htt

https://www.cato.org/economic-development-bulletin/julian-simon-was-right-half-century-population-growth-increasing#simon-s-wisdom-in-historical-perspective https://www.cato.org/economic-development-bulletin/julian-si... > when a particular resource becomes scarcer, its price increases, and that change incentivizes people to discover more of the resource, ration it, recycle it, or develop a substitute for it. As such, population growth and resource use do not automatically lead to higher commodity prices in the long run. So no, we can't mass produce lithium, but a high enough price might drive someone to discover a substitute.