Thomas Malthus
Life
- Born: February 13, 1766, in Surrey, England
- Education:
- BA (1788) and MA (1791) from Jesus College, Cambridge
- Ordained as Anglican clergyman (1797)
- Career Highlights:
- Professor of History and Political Economy at East India Company College (1805-1834)
- Founding member of Political Economy Club (1821)
- One of the first professional economists
- Death: December 23, 1834, in Bath, England
People Who Influenced Their Thought
- Adam Smith: Classical economics foundation
- David Ricardo: Close colleague and intellectual rival
- William Godwin: Utopian ideas he opposed
- Robert Wallace: Early population theorist
Main Ideas and Publications
- An Essay on the Principle of Population (1798, revised 1803):
- Population grows geometrically vs. food arithmetically
- "Positive checks" (famine, disease) and "preventive checks" (moral restraint)
- Theory of Gluts: Early underconsumption theory
- Wage Fund Theory: Influenced classical wage theories
Controversies
- Pessimism Charge: "Dismal science" nickname origin
- Empirical Accuracy: Agricultural innovations disproved immediate scarcity predictions
- Social Policy: Used to oppose poor relief (Malthusianism)
- Ethical Debates: Birth control and population control controversies
Key People Influenced
- Charles Darwin: Natural selection inspiration
- John Maynard Keynes: Praised his demand-side insights
- Paul Ehrlich: Modern population crisis warnings
- David Ricardo: Incorporated his rent theory
Legacy
Malthus established demography as scientific discipline and formulated enduring debates about population-resource balance, with cyclical relevance.