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Malthus
Thomas Robert Malthus (; 13/14 February 1766 – 29 December 1834) was an English cleric, scholar and influential economist in the fields of political economy and demography. In his 1798 book ''An Essay on the Principle of Population'', Malthus observed that an increase in a nation's food production improved the well-being of the population, but the improvement was temporary because it led to population growth, which in turn restored the original per capita production level. In other words, humans had a propensity to utilize abundance for population growth rather than for maintaining a high standard of living, a view that has become known as the "Malthusian trap" or the "Malthusian spectre". Populations had a tendency to grow until the lower class suffered hardship, want and greater susceptibility to war famine and disease, a pessimistic view that is sometimes referred to as a Malthusian catastrophe. Malthus wrote in opposition to the popular view in 18th-century Europe that ...
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Malthusian Catastrophe
Malthusianism is the idea that population growth is potentially exponential while the growth of the food supply or other resources is linear, which eventually reduces living standards to the point of triggering a population die off. This event, called a Malthusian catastrophe (also known as a Malthusian trap, population trap, Malthusian check, Malthusian crisis, Malthusian spectre, or Malthusian crunch) occurs when population growth outpaces agricultural production, causing famine or war, resulting in poverty and depopulation. Such a catastrophe inevitably has the effect of forcing the population to "correct" back to a lower, more easily sustainable level (quite rapidly, due to the potential severity and unpredictable results of the mitigating factors involved, as compared to the relatively slow time scales and well-understood processes governing unchecked growth or growth affected by preventive checks). Malthusianism has been linked to a variety of political and social movements ...
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Malthusian Trap
Malthusianism is the idea that population growth is potentially exponential while the growth of the food supply or other resources is linear, which eventually reduces living standards to the point of triggering a population die off. This event, called a Malthusian catastrophe (also known as a Malthusian trap, population trap, Malthusian check, Malthusian crisis, Malthusian spectre, or Malthusian crunch) occurs when population growth outpaces agricultural production, causing famine or war, resulting in poverty and depopulation. Such a catastrophe inevitably has the effect of forcing the population to "correct" back to a lower, more easily sustainable level (quite rapidly, due to the potential severity and unpredictable results of the mitigating factors involved, as compared to the relatively slow time scales and well-understood processes governing unchecked growth or growth affected by preventive checks). Malthusianism has been linked to a variety of political and social movements ...
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Malthusian Growth Model
A Malthusian growth model, sometimes called a simple exponential growth model, is essentially exponential growth based on the idea of the function being proportional to the speed to which the function grows. The model is named after Thomas Robert Malthus, who wrote ''An Essay on the Principle of Population'' (1798), one of the earliest and most influential books on population."Malthus, An Essay on the Principle of Population: Library of Economics" Malthusian models have the following form: : P(t) = P_0e^ where * ''P''0 = ''P''(0) is the initial population size, * ''r'' = the population growth rate, which Ronald Fisher called the ''Malthusian parameter of population growth'' in The Genetical Theory of Natural Selection, and Alfred J. Lotka called the ''intrinsic rate of increase'', * ''t'' = time. The model can also been written in the form of a differential equation: : \frac = rP with initial condition: P(0)= P0 This model is often referred to as the ''exponential law''. It ...
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William Godwin
William Godwin (3 March 1756 – 7 April 1836) was an English journalist, political philosopher and novelist. He is considered one of the first exponents of utilitarianism and the first modern proponent of anarchism. Godwin is most famous for two books that he published within the space of a year: '' An Enquiry Concerning Political Justice'', an attack on political institutions, and ''Things as They Are; or, The Adventures of Caleb Williams'', an early mystery novel which attacks aristocratic privilege. Based on the success of both, Godwin featured prominently in the radical circles of London in the 1790s. He wrote prolifically in the genres of novels, history and demography throughout his life. In the conservative reaction to British radicalism, Godwin was attacked, in part because of his marriage to the feminist writer Mary Wollstonecraft in 1797 and his candid biography of her after her death from childbirth. Their daughter, later known as Mary Shelley, would go on to wri ...
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Charles Darwin
Charles Robert Darwin ( ; 12 February 1809 – 19 April 1882) was an English naturalist, geologist, and biologist, widely known for his contributions to evolutionary biology. His proposition that all species of life have descended from a common ancestor is now generally accepted and considered a fundamental concept in science. In a joint publication with Alfred Russel Wallace, he introduced his scientific theory that this branching pattern of evolution resulted from a process he called natural selection, in which the struggle for existence has a similar effect to the artificial selection involved in selective breeding. Darwin has been described as one of the most influential figures in human history and was honoured by burial in Westminster Abbey. Darwin's early interest in nature led him to neglect his medical education at the University of Edinburgh; instead, he helped to investigate marine invertebrates. His studies at the University of Cambridge's Christ's Col ...
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Famine
A famine is a widespread scarcity of food, caused by several factors including war, natural disasters, crop failure, Demographic trap, population imbalance, widespread poverty, an Financial crisis, economic catastrophe or government policies. This phenomenon is usually accompanied or followed by regional malnutrition, starvation, epidemic, and increased death, mortality. Every inhabited continent in the world has experienced a period of famine throughout history. In the 19th and 20th century, generally characterized Southeast and South Asia, as well as Eastern and Central Europe, in terms of having suffered most number of deaths from famine. The numbers dying from famine began to fall sharply from the 2000s. Since 2010, Africa has been the most affected continent of famine in the world. Definitions According to the United Nations World Food Programme, famine is declared when malnutrition is widespread, and when people have started dying of starvation through lack of access to suf ...
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Jesus College, Cambridge
Jesus College is a constituent college of the University of Cambridge. The college's full name is The College of the Blessed Virgin Mary, Saint John the Evangelist and the glorious Virgin Saint Radegund, near Cambridge. Its common name comes from the name of its chapel, Jesus Chapel. Jesus College was established in 1496 on the site of the twelfth-century Benedictine nunnery of St Mary and St Radegund by John Alcock, then Bishop of Ely. The cockerel is the symbol of Jesus College, after the surname of its founder. For the 300 years from 1560 to 1860, Jesus College was primarily a training college for Church of England clergy. Jesus College has assets of approximately £344m making it Cambridge's fourth-wealthiest college. The college is known for its particularly expansive grounds which include its sporting fields and for its close proximity to its boathouse. Three members of Jesus College have received a Nobel Prize. Two fellows of the college have been appointed to the I ...
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David Ricardo
David Ricardo (18 April 1772 – 11 September 1823) was a British Political economy, political economist. He was one of the most influential of the Classical economics, classical economists along with Thomas Robert Malthus, Thomas Malthus, Adam Smith and James Mill. Ricardo was also a politician, and a member of the Parliament of the United Kingdom, Parliament of Great Britain and Ireland. Personal life Born in London, England, Ricardo was the third surviving of the 17 children of successful stockbroker Abraham Israel Ricardo (1733?–1812) and Abigail (1753-1801), daughter of Abraham Delvalle (also "del Valle"), of a respectable Sephardi Jews, Sephardic Jewish family that had been settled in England for three generations as "small but prosperous" tobacco and snuff merchants, and had obtained British citizenship. Abigail's sister, Rebecca, was wife of the engraver Wilson Lowry, and mother of the engraver Joseph Wilson Lowry and the geologist, mineralogist, and author Delvalle ...
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Demography
Demography () is the statistics, statistical study of populations, especially human beings. Demographic analysis examines and measures the dimensions and Population dynamics, dynamics of populations; it can cover whole societies or groups defined by criteria such as education, nationality, religion, and ethnicity. Educational institutions usually treat demography as a field of sociology, though there are a number of independent demography departments. These methods have primarily been developed to study human populations, but are extended to a variety of areas where researchers want to know how populations of Social actions, social actors can change across time through processes of birth, death, and Human migration, migration. In the context of human biological populations, demographic analysis uses Public records, administrative records to develop an independent Approximation, estimate of the population. Demographic analysis estimates are often considered a reliable stan ...
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Demography
Demography () is the statistics, statistical study of populations, especially human beings. Demographic analysis examines and measures the dimensions and Population dynamics, dynamics of populations; it can cover whole societies or groups defined by criteria such as education, nationality, religion, and ethnicity. Educational institutions usually treat demography as a field of sociology, though there are a number of independent demography departments. These methods have primarily been developed to study human populations, but are extended to a variety of areas where researchers want to know how populations of Social actions, social actors can change across time through processes of birth, death, and Human migration, migration. In the context of human biological populations, demographic analysis uses Public records, administrative records to develop an independent Approximation, estimate of the population. Demographic analysis estimates are often considered a reliable stan ...
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Adam Smith
Adam Smith (baptized 1723 – 17 July 1790) was a Scottish economist and philosopher who was a pioneer in the thinking of political economy and key figure during the Scottish Enlightenment. Seen by some as "The Father of Economics"——— or "The Father of Capitalism",———— he wrote two classic works, ''The Theory of Moral Sentiments'' (1759) and ''The Wealth of Nations, An Inquiry into the Nature and Causes of the Wealth of Nations'' (1776). The latter, often abbreviated as ''The Wealth of Nations'', is considered his ''magnum opus'' and the first modern work that treats economics as a comprehensive system and as an academic discipline. Smith refuses to explain the distribution of wealth and power in terms of God's will, God’s will and instead appeals to natural, political, social, economic and technological factors and the interactions between them. Among other economic theories, the work introduced Smith's idea of absolute advantage. Smith studied social philos ...
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Jean Charles Léonard De Sismondi
Jean Charles Léonard de Sismondi (also known as Jean Charles Leonard Simonde de Sismondi) (; 9 May 1773 – 25 June 1842), whose real name was Simonde, was a Swiss historian and political economist, who is best known for his works on French and Italian history, and his economic ideas. His ''Nouveaux principes d'économie politique, ou de la richesse dans ses rapports avec la population'' (1819) represents the first liberal critique of laissez-faire economics. He was one of the pioneering advocates of unemployment insurance, sickness benefits, a progressive tax, regulation of working hours, and a pension scheme. He was also the first to coin the term ''proletariat'' to refer to the working class created under capitalism, and his discussion of ''mieux value'' anticipates the concept of surplus value. According to Gareth Stedman Jones, "much of what Sismondi wrote became part of the standard repertoire of socialist criticism of modern industry," earning him critical commentary in th ...
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