Tuesday, August 17, 2010

The "Malthusian School" Economics

     The Rev. Thomas Robert Malthus (1766-1834) British scholar developed a line of thought departing slightly from the writings of Adam Smith and David Hume.
     Malthus' interest in population growth and demographics caused him to view human population growth as an exponential mathematical function and that the growth of food supplies to be a linear function.
     From this perspective he developed a concept that population growth and the socio-economic conditions would be limited by the food resources, famine and disease.
     In support of this , he wrote "An Essay on the Principle of Population".
     This work became known as "Malthusianism School" of economics and as a side note ultimately resulted in the development of British census taking.
     Issues that could not be fully built into his work were developments in medicine, crop productivity and human willingness to limit family size as people moved from agricultural to urban forms of work.

  

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