Investing · Western classics
Thomas Malthus:An Essay on the Principle of Population, Excerpt 51
Thomas Malthus《An Essay on the Principle of Population》· An Essay on the Principle of Population · Investing
It will be said, perhaps, that the increased number of purchasers in every article would give a spur to productive industry and that the whole produce of the island would be increased. This might in some degree be the case. But the spur that these fancied riches would give to population would more than counterbalance it, and the increased produce would be to be divided among a more than proportionably increased number of people. All this time I am supposing that the same quantity of work would be done as before. But this would not really take place. The receipt of five shillings a day, instead of eighteen pence, would make every man fancy himself comparatively rich and able to indulge himself in many hours or days of leisure. This would give a strong and immediate check to productive industry, and, in a short time, not only the nation would be poorer, but the lower classes themselves would be much more distressed than when they received only eighteen pence a day.
Source:
https://www.gutenberg.org/ebooks/4239
Locator:Excerpt 51 · Verified:2026-10-19 · Verification:Short excerpt
Today's question
Does this passage change one judgment about money or risk today?
公版作品;原文逐字取自 Project Gutenberg,仅摘录段落并附全书链接。
Your email
Used only to send Originals. No ads, no list selling.
This text is in the public domain. The edition and source link are above. Copyright