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Julian Simon, the problem of socio-ecological resilience and the “ultimate resource”: a reinterpretation

Author

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  • Paul Dragos Aligica

    (George Mason University
    University of Bucharest)

  • Robert Gabriel Ciobanu

    (University of Bucharest)

Abstract

The article argues that the debate between “the limits to growth” movement and Julian Simon could be reconstructed and reinterpreted in the light of three pairs of models that map three distinct levels of discussion: (i) a “model of man” and (ii) a model of institutional structure and design, both encompassed by (iii) a model of --what the contemporary literature calls-- the Social-Ecological System (SES). Ultimately the “the limits to growth” problem is not so much about resources and demographics, as it is about SES and their resilience. Moreover, at a first glance, the debate between the proponents of the “the limits to growth” movement and Julian Simon seems to be about empirical data and predictive models. However, on a closer look, behind the positive analysis there is a much deeper structure, of a normative bent, which has a decisive influence on the perspective and approach one adopts regarding the proposed themes.

Suggested Citation

  • Paul Dragos Aligica & Robert Gabriel Ciobanu, 2022. "Julian Simon, the problem of socio-ecological resilience and the “ultimate resource”: a reinterpretation," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 35(3), pages 283-301, September.
    • Handle: RePEc:kap:revaec:v:35:y:2022:i:3:d:10.1007_s11138-022-00570-3
    DOI: 10.1007/s11138-022-00570-3
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    References listed on IDEAS

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    1. David Colander & Roland Kupers, 2014. "Complexity and the Art of Public Policy: Solving Society’s Problems from the Bottom Up," Economics Books, Princeton University Press, edition 1, number 10207.
    2. Paul Dragos Aligica & Vlad Tarko, 2014. "Institutional Resilience and Economic Systems: Lessons from Elinor Ostrom’s Work," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 56(1), pages 52-76, March.
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    Cited by:

    1. Peter Jacobsen & Louis Rouanet, 2022. "The ultimate resource after 40: A special issue against the grain," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 35(3), pages 275-282, September.

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