Thursday, June 2, 2011

Thomas Robert Malthus - General Glut Theory

Thomas Robert Malthus (1766-1834), British Scholar, influence in economy and demography during his time. He is best friend to David Ricardo, while both of them has different stand on the economic view. Ironically, being a populace (Middle class), he support the idea of landlord to have the privilege to enjoy the profit from the capitalism market system. However, he pointed out a flaw of the liberal profit oriented system during his time which he believed will lead the market system to collapse.


Parson Malthus (Thomas Robert Malthus): " General Glut Theory - the exponential growth of human population relative to limited natural resources with its arithmetically growth of agriculture will lead society to the brink of precipice."


Thomas Malthus.jpg


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