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Hayek against Malthus

Julian Simon’s Neoliberal Critique of Environmentalism

Bibliographic Data

ID13085541
AuthorsTroy Vettese (European University Institute, corresponding author)
Year2023
Volume10
Issue2
Pages283-311
Publication date2023-09-01
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueCritical Historical Studies (JOURNAL)
Journal identifiersISSN: 2326-4462 • E-ISSN: 2326-4470
PublisherUniversity of Chicago Press (PUBLISHER • US)
DOI10.1086/726753
OpenAlexW4389231269
LanguageEN
Citations received5
References cited44

The transition to neoliberal hegemony during the last quarter of the twentieth century is generally portrayed as a contest between Hayekians and Keynesians. This portrayal overlooks the brief but potent effervescence of the neo-Malthusian movement. Biologists Garrett Hardin, Paul Ehrlich, and Donella Meadows led a social movement that pursued environmentalist governance wherein scarce resources and population growth were managed by command-and-control instruments, Pigouvian taxation, and coercion. The neoclassical mainstream of economics conceded to the neo-Malthusian upstarts that if a “backstop” energy source was not discovered, then there were indeed “limits to growth,” but neoliberals eventually devised alternative environmental frameworks, such as Elinor Ostrom’s “commons” and John Dales’s “cap-and-trade.” The first significant clash between neoliberals and neo-Malthusians came in the form of a bet between Julian Simon and Paul Ehrlich over commodity prices during the 1980s. This article reconstructs the broader context of their confrontation, as well as the theoretical influences on Simon’s cornucopian framework of “resourceship.”

Economics · Environmentalism · Neoclassical economics · Neoliberalism (international relations · Political economy · Political science · Politics · Sociology · Economic Theory and Institutions · Economic Theory and Policy · Law · Political Economy and Marxism

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Unique citing works5
Citations per year2,5
Citation span2024 - 2026 (3)
Citation velocitycurrent
Highly citedNo
Citation typesNeutral: 5

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