Investing · Western classics
Thomas Malthus:An Essay on the Principle of Population, Excerpt 55
Thomas Malthus《An Essay on the Principle of Population》· An Essay on the Principle of Population · Investing
An increase of population without a proportional increase of food will evidently have the same effect in lowering the value of each man's patent. The food must necessarily be distributed in smaller quantities, and consequently a day's labour will purchase a smaller quantity of provisions. An increase in the price of provisions would arise either from an increase of population faster than the means of subsistence, or from a different distribution of the money of the society. The food of a country that has been long occupied, if it be increasing, increases slowly and regularly and cannot be made to answer any sudden demands, but variations in the distribution of the money of a society are not infrequently occurring, and are undoubtedly among the causes that occasion the continual variations which we observe in the price of provisions.
Source:
https://www.gutenberg.org/ebooks/4239
Locator:Excerpt 55 · Verified:2026-10-19 · Verification:Short excerpt
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