Thomas Robert Malthus was born in 1766 and died in 1834. Although he was better known as Thomas Malthus, he preferred to be called Robert Malthus. Malthus is an English population scientist and political economy theorist. Malthus, who has important theories in the demographic field, is also the first professor of political economy in England. Let’s take a closer look at the answers to questions such as Who is Thomas Robert Malthus and what is Malthusian population theory …
Who is Thomas Robert Malthus and what is Malthusian population theory
When Thomas Malthus published “The Study on Population Growth,” some agreed with Maltus’s ideas, while many disagreed. In this study, which has a great repercussion, while the population increases in geometrical series (2, 4, 8, 16, 32, …), nutrients are in the form of 1, 2, 3, 4, 5, … arithmetically increasing. Since the increase in the number of people is more than the increase in the number of food, nutritional deficiency will occur. Malthus predicts that some individuals will die and a balance will be achieved for this reason. You can browse here for information about Irving Fisher.
Because of this idea, Robert Malthus states that early marriage and few children should be encouraged. Stating that such incentives should be applied especially to the lower class rather than to the upper class of society, Robert Malthus thought that the main cause of social misery was the lower classes. Malthus opposed especially public aid to the poor. Robert Malthus opposed all kinds of social aid.
Economic Views of Thomas Malthus
Maltus is separated from Adam Smith because of his thoughts on saving. Adam Smith states that capital can increase with saving and individuals who save will benefit society. Malthus states that excessive savings will weaken the production motive. Stating that the production was made for sale, Malthus stated that if everyone eats enough to not starve, if they wear enough to cover themselves and if they stay in a simple place, there will be no need to work to do better. He also emphasized that consumption should increase with production for the development of society.
For details: https://en.wikipedia.org/wiki/Thomas_Robert_Malthus