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" "If one fourth of the capital of a country were suddenly destroyed, or entirely transferred to a different part of the world, without any other cause occurring of a diminished demand for commodities, this scantiness of capital would certainly occasion great inconvenience to consumers, and great distress among the working classes; but it would be attended with great advantages to the remaining capitalists.
Thomas Robert Malthus (13 February 1766 – 29 December 1834) was an English demographer and political economist best known for his pessimistic but highly influential views on population growth.
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