Investing · Western classics
Thomas Malthus:An Essay on the Principle of Population, Excerpt 81
Thomas Malthus《An Essay on the Principle of Population》· An Essay on the Principle of Population · Investing
The happiness of a country does not depend, absolutely, upon its poverty or its riches, upon its youth or its age, upon its being thinly or fully inhabited, but upon the rapidity with which it is increasing, upon the degree in which the yearly increase of food approaches to the yearly increase of an unrestricted population. This approximation is always the nearest in new colonies, where the knowledge and industry of an old state operate on the fertile unappropriated land of a new one. In other cases, the youth or the age of a state is not in this respect of very great importance. It is probable that the food of Great Britain is divided in as great plenty to the inhabitants, at the present period, as it was two thousand, three thousand, or four thousand years ago. And there is reason to believe that the poor and thinly inhabited tracts of the Scotch Highlands are as much distressed by an overcharged population as the rich and populous province of Flanders.
Source:
https://www.gutenberg.org/ebooks/4239
Locator:Excerpt 81 · Verified:2026-10-19 · Verification:Short excerpt
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Does this passage change one judgment about money or risk today?
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