Thomas Robert Malthus Had It Right: After All

MalthusianTheoryThomas Robert Malthus (1766-1834) was an English cleric who postulated some very interesting economic theories.  Chief amongst them was the theory that population growth would increase at a geometric rate, while food production could only increase at an arithmetic rate.  This, of course, is not sustainable.

In what became known as the Malthusian Theory of Population Growth, Malthus said that if left unchecked through governmental intervention, natural forces would create catastrophes such as war, famine, disease, and other events that would work to bring the natural state of affairs back into equilibrium.  I am sure that I have not stated this precisely and that others may be able to do so far more eloquently than I.

This theory, of course, did not sit well with the learned souls of his age and his theory gave forth a controversy that has been brewing ever since.

Malthus’ dismal view of population growth and its consequences remains controversial to this date.  Bring up this theory around a bunch of wise economists and philosophers and be prepared to be labeled a heretic or even worse an imbecilic heretic.

But do you know something?  Given all that is happening around our world today and with the human population approaching, if not surpassing, seven billion, Malthus may have been right after all.

 

 

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Well, It Seems He Has One Supporter

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Vladimir Putin says that he appreciates Mitt Romney’s candor and that it gives him comfort in knowing how to react.  He also said that even if Barack Obama should win reelection, someone else like Romney will come along in four years and Russia will regret that they might have given in to Obama on the critical issue of missile defense in Europe.  See the Washington Post article here.

“put up or shut up.”

That is what Mitt Romney told Senate Majority Leader, Harry Reid (D. Nev.), in response to a charge by Senator Reid that Governor Romney had not paid any income tax for ten years.

Now that is a great presidential strategy.  Can you just imagine in the heat of debates with say, Vladmir Putin on missile defense telling Vladmire to “put up or shut up.”  “Okay, Mitt,” might just be Vladmir’s response as he reaches for his red button.

This type of response is so “school boy”, but then again didn’t Mitt learn how to get his point across in that setting?