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

Robert Z. Aliber
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Robert Z. Aliber: University of Chicago

Chapter 17 in The New International Money Game, 2011, pp 250-259 from Palgrave Macmillan

Abstract: 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.

Keywords: Interest Rate; Natural Rubber; Real Interest Rate; Real Price; Crude Petroleum (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-24672-0_18

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DOI: 10.1057/9780230246720_18

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