Ed. note: MasterResource is closely associated with the worldview and example of Julian Simon (1932–1998). But a second influence would certainly be that of economist Ludwig von Mises (1881–1973), born on this day 140 years ago.

Below, Robert Bidinotto’s “Von Mises: A Final Salute.” Unbound! Boston: Individuals for a Rational Society 2, no. 1 (September-October 1973): 1–2 is reprinted with permission of the author.

A surprisingly fair obituary in the New York Times (October 11, 1973) follows that of Bidinotto below. I then conclude with a final observation.

“The scope and content of von Mises’ work boggle the imagination. He was easily the greatest economist of this century, and the list of his original achievements in that science rivals that of anyone since Adam Smith.”

Our age may well be labeled by future historians as “the Age of Mediocrity.”…

This fortnightly Master Resource post excerpts energy and climate material from the Media Balance Newsletter, published every other week by physicist John Droz Jr., founder of the Alliance for Wise Energy Decisions. The complete MBN for this post can be found here.

Of special interest in this issue is The Deep Optimism Manifesto, by David Siegel, which pays tribute to Julian Simon and explains again the historical basis for his outlook and its implications for our future.

Greed Energy Economics:
Energy Prices in Europe Hit Records After Wind Stops Blowing
We cannot afford to stop and start society based on the wind blowing
The High Cost of Wind, Solar and Battery Systems in North East US
UK electricity prices now most expensive in Europe (largely due to renewables)
Greenflation: Household bills to soar by more than £1,500 a year, analysts warn
Solar Project Sale Reveals Green Energy Sorcery

Renewable Energy Health and Ecosystem Consequences:
Report: Rise of the Eco-Right
Missouri’s largest wind farm isn’t running at night for fear of killing endangered bats
Wind industry faces its own green dilemma: landfills
EV Battery Fires Won’t Keep Pols from Putting You in Them

Wind Energy:
Wind turbine nuisance test case starts in Australian Supreme court
Oregon farmers allege violations at wind turbine project

Nuclear Energy:
Small Nuclear Reactors Will Power Our Future
China prepares to test thorium-fueled nuclear reactor
Nuclear Fusion: U.S.…

“[My] early writing was from a viewpoint that there was an ocean of BTUs beneath our feet, and what was high cost and supplemental today would become low cost and conventional later. I ‘trusted’ human ingenuity. I turned out ‘right’ for the wrong technological reason: horizontal drilling and hydraulic fracturing.”

Any intellectual is interested in what is written about him or her, whether it be in the newspaper or an essay, book, or doctoral dissertation. In my case, being of 66 summers, and having a lot of scholarship under my belt, I do not worry much about the momentary ad hominem stuff. But for the record, I am eager to correct with facts and interpretation as needed.

This brings me to a dissertation, “Limits and Cornucopianism: A History of Neo-Liberal Environmental Thought, 1920–2007” (New York University: 2019).…

“A defense of liberal institutions is needed now more than ever, and Julian Simon’s work, and the work of the previous winners of the Simon Award, will be crucial in providing it.”

“… for population growth to get translated into economic progress we need liberal institutions.”

Ed. Note: This completes a three-part series on the views of the late Steve Horwitz (1964–2021), the first two being on the climate debate and a carbon tax.

Since 2001, the Competitive Enterprise Institute, along with the Simon family, has presented an annual Julian Simon Award. The first award winner was Stephen Moore, a former research fellow for Dr. Simon (1982–85) who has promoted the Simon worldview ever since.

The most recent award winner was Stephen Horwitz, whose comments follow below.

Fellow professor and classical liberal Peter Boettke shared Horwitz’s remarks below on social media with the comment:

I do think in the interview so much of what was truly wonderful about Steve comes out.