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The Reverend Thomas Malthus, the OPEC Cartel, and the Price of Energy from 1800 to 2100

In: The New International Money Game

Author

Listed:
  • Robert Z. Aliber

    (University of Chicago)

Abstract

The Reverend Thomas Malthus of Jesus College, Cambridge, was one of the foremost economists of the early nineteenth century. His key idea was that since population increases at a geometric rate (1, 2, 4, 8, 16) while food production increases at an arithmetic rate (1, 2, 3, 4, 5), the eventual result will be famine — too many mouths, not enough food.

Suggested Citation

  • Robert Z. Aliber, 2011. "The Reverend Thomas Malthus, the OPEC Cartel, and the Price of Energy from 1800 to 2100," Palgrave Macmillan Books, in: The New International Money Game, edition 0, chapter 17, pages 250-259, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-0-230-24672-0_18
    DOI: 10.1057/9780230246720_18
    as

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