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Reviewed on March 11, 2022 | Social Sciences
In 1798, British economist Thomas Malthus proposed a strikingly pessimistic theory about social progress: humanity, he argued, would never be able to rise above mere subsistence for long because for every advancement in production, the resulting population growth would soon outpace available resources, resulting in population decline and a return to square one. But, as economist Galor (Brown Univ.) note...Log In or Sign Up to Read More