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Friday, May 6, 2011

Question 627: Aren't bets just an absolute b*tch?



They really are dreadful things. REALLY.
Anyway, onto the question:



Smug much?



Poor chap didn't realise what he was getting into


Graph. Wheee.

Tell me who these two gentlemen are and put funda.




ANSWER:

Julian Simon and Paul R. Ehrlich

They are known for the Simon-Ehrlich wager where they bet on the future of the prices of the 5 commodities in the graph.

3 comments:

  1. The Simon Ehrlch wager and the graph showing the trend of price of the 5 metals etc...

    ReplyDelete
  2. simon ehrlich bet
    julian simon & paul ehrich

    about whether prices would increase or not
    grpah is of commodity prices

    ehrlich lost

    ReplyDelete
  3. paul ehrlich and julian simon...these guys bet upon the prices of commodity metals..julian simon won the bet as shown in the graph, the prices of metals decilned thru the decade..hence reason for the smug!!

    ReplyDelete