When Hume and Adam Smith prophesied that a little increase of national debt beyond the then amount of it, would probably occasion bankruptcy; the mai… - Thomas Robert Malthus

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When Hume and Adam Smith prophesied that a little increase of national debt beyond the then amount of it, would probably occasion bankruptcy; the main cause of their error was the natural one, of not being able to see the vast increase of productive power to which the nation would subsequently obtain.

English
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About Thomas Robert Malthus

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.

Also Known As

Native Name: Thomas Malthus
Alternative Names: Thomas R. Malthus

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Additional quotes by Thomas Robert Malthus

The love of independence is a sentiment that surely none would wish to see erased from the breast of man, though the parish law of England, it must be confessed, is a system of all others the most calculated gradually to weaken this sentiment, and in the end may eradicate it completely.

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The immediate cause of the increase of population is the excess of the births above deaths; and the rate of increase, or the period of doubling, depends upon the proportion which the excess of the births above the deaths bears to the population.

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