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Why Malthus Will Always Be Wrong

Author

Listed:
  • Aidan Cooper

    (Loyola University New Orleans)

  • Walter E. Block

    (Loyola University New Orleans)

Abstract

Malthus is a figure analogous to economics in the same way as the phlogiston theory is to chemistry: antiquated, outdated, erroneous and harmful. In this paper, we summarize Malthusian theory, its flaws, and explain why it is not valid for policymaking decisions. We also discuss the historical background and response to Malthus’s ideals, paying particular attention to the national government-level throughout the world.

Suggested Citation

  • Aidan Cooper & Walter E. Block, 2019. "Why Malthus Will Always Be Wrong," Romanian Economic Business Review, Romanian-American University, vol. 14(4), pages 32-41, december.
    • Handle: RePEc:rau:journl:v:14:y:2019:i:4:p:32-41
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