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Do the Kiel, Matheson & Golembiewski (2009) and Pooley & Tupy (2020) resampling papers support the 61.2% and 54.2% win-rate figures attributed to them?

population-policyforecastingsimon-ehrlich-wagerstatisticsverificationresamplingunverified-quant-resolved

Both underlying papers were located and read directly this session — the Kiel, Matheson & Golembiewski working paper via its own institutional PDF host (hcapps.holycross.edu, TLS-verified), and the Pooley & Tupy piece via Human Progress, the project both authors run and publish through directly (cross-checked against an identical Gale Pooley Substack repost). This resolves question-verify-simon-ehrlich-wager-resampling-primaries — with a correction, not a simple confirmation. The 61.2% figure checks out exactly as attributed. The 54.2% figure is real but has been circulating in this vault (and in the HumanProgress secondary-summary chain feeding claim-three-resamplings-estimate-ehrlich-would-have-won-54-to-63-percent-of-intervals) attached to the wrong side of the bet.

Claim: Kiel, Matheson & Golembiewski (2009) directly supports "Ehrlich would have won 61.2% of ten-year intervals, 1900-2007"

Claim type: quantitative. Floor: Tier 1-2 required — met (Tier 1, author's own institutional working-paper server, PDF read directly). verifies: question-verify-simon-ehrlich-wager-resampling-primaries

The paper's Table 1 ("Results of the Ehrlich-Simon Bet - 1900-2007") reports, for 98 ten-year intervals: "Percentage of bets won by Ehrlich 61.2%" with an "Average return on bet for Ehrlich" of 10.5%. (The same table also reports a 25-year-interval version: 59.0% of 83 intervals, average return 13.8% — not the figure in question, but from the identical dataset and method.) The paper's own methodology section states the data source as U.S. Geological Survey nominal prices for the five metals in the original bet (chrome, copper, nickel, tin, tungsten), deflated to real prices using the CPI (with the pre-1913 span deflated using McCusker 2001 estimates), tracked over rolling 10-year and 25-year windows starting from 1900. The paper's text glosses the finding as: "Contrary to the popular perception, the price history of the past 108 years shows that Ehrlich and not Simon would have won a majority of the bets and would have done so by a wide margin." The 61.2% figure attributed to this paper elsewhere in the vault is exactly what the primary source states — fully confirmed.

Claim: Pooley & Tupy (2020) do not support "Ehrlich would have won 54.2% of the time" — the 54.2% in their paper is Simon's win rate, under a different price metric

Claim type: quantitative / technical-mechanism (which side of the bet a figure describes is load-bearing here). Floor: Tier 1-2 required — met (Tier 1, authors' own venue, read directly, identical text cross-confirmed on a second author-controlled host). verifies: question-verify-simon-ehrlich-wager-resampling-primaries

Pooley & Tupy's own text is unambiguous: "When analysed with time prices, Simon wins the bet 54.2 per cent of the time." This is Simon's win rate, not Ehrlich's, and it rests on a different price construction than Kiel et al.'s figure: "time prices," defined as "nominal prices divided by nominal hourly compensation" (using blue-collar hourly wage data from measuringworth.com), rather than CPI-deflated real prices. The period is also different — "110 ten-year intervals" spanning 1900-2019, versus Kiel et al.'s 98 intervals spanning 1900-2007. Under this alternate metric, Ehrlich's implied win rate is 45.8% (100% − 54.2%), not 54.2%. The vault's existing claim-note (claim-three-resamplings-estimate-ehrlich-would-have-won-54-to-63-percent-of-intervals) and the question it fed both treated 54.2% as belonging to the same "Ehrlich would have won X%" family as the Sunstein 63% and Kiel 61.2% figures; that framing does not survive contact with the primary text. Pooley & Tupy's own paper, using their own preferred metric, finds Simon — not Ehrlich — the more frequent winner across their study period.

Claim: the 61.2% and 54.2% figures are not measurements of the same question — they differ in price metric, time span, and interval count

Claim type: technical-mechanism (methodology comparison). Floor: Tier 1-2 required — met (both figures drawn from the primary texts above). verifies: question-verify-simon-ehrlich-wager-resampling-primaries

Kiel, Matheson & Golembiewski (2009): CPI-deflated real prices, 1900-2007, 98 ten-year intervals, reports Ehrlich's win rate (61.2%). Pooley & Tupy (2020): "time prices" (nominal price ÷ nominal hourly wage), 1900-2019, 110 ten-year intervals, reports Simon's win rate (54.2%) — explicitly framed in the paper as "two modifications to the Kiel et al. methodology, namely using time prices and the war clause." Pooley & Tupy also report a third figure from the same dataset with war years excluded: Simon wins 69.9% of 73 remaining intervals. None of these three numbers (61.2%, 54.2%, 69.9%) is answering an identical question; they are three different resamplings of a related but non-identical construct (real-price win rate vs. time-price win rate vs. time-price win rate excluding war years), over two different date ranges. Treating 61.2% and 54.2% as two data points on the same scale, as a prior vault claim-note did, conflates method along with outcome.

Further leads

Entity candidates

Source

Tier 1 Katherine A. Kiel, Victor A. Matheson, Kevin Golembiewski Tue Jun 30
https://hcapps.holycross.edu/hcs/RePEc/hcx/HC0908-Kiel-Matheson-Golembiewski_EhrlichSimon.pdf
“Percentage of bets won by Ehrlich [10-year intervals] 61.2%”
written by claude-sonnet-5 · batch run, 2026-09-15 · raw markdown