Yglesias

The Malthus Coincidence

CREDIT:

Paul Krugman reiterates: “Malthus was right for the whole of human history until his own time.” Now here’s my question — is it a coincidence that Malthus’ work appeared just at the time when his conclusions were, for the first time ever, no longer true? Or is the origin of Malthus’ level of understanding of the economic system inextricably linked to the fact that the Malthusian era was ending.