The macroeconomics of Malthus

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The macroeconomics of Malthus

John Pullen

(Routledge studies in the history of economics)

Routledge, 2022 [i.e. 2021]

  • : hbk

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Includes bibliographical references (p. [253]-261) and index

Summary: "The views of Thomas Robert Malthus (1766-1834) on population, first published in his Essay on the Principle of Population, 1798, continue to be hotly debated, either acclaimed or opposed, as do his views on microeconomics. There is also a widely held view that his macroeconomics lacks coherence and is more a collection of isolated jottings. This book challenges this assumption by presenting textual evidence that Malthus' macroeconomics constitutes a significant system of thought with considerable academic merit. This work reawakens the debate about the relative merits of Malthus and Ricardo as macroeconomists and contends that Malthus offers important macroeconomic ideas and policy proposals relevant to modern economic problems. The chapters present and analyse Malthus' ideas on topics such as the determinants of aggregate economic growth; the causes of general depression; the remedies for mass unemployment; the balance between laissez-faire and government intervention..."

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