The first major study of population size and its tremendous importance to the character and quality of society, this classic examines the tendency of human numbers to outstrip their resources.
This book is a sweeping global and intellectual history that radically recasts our understanding of Malthus's Essay on the Principle of Population, the most famous book on population ever written or ever likely to be. Malthus's Essay is also persistently misunderstood. First published anonymously in 1798, the Essay systematically argues that population growth tends to outpace its means of subsistence unless kept in check by factors such as disease, famine, or war, or else by lowering the birth rate through such means as sexual abstinence. Challenging the widely held notion that Malthus's Essay was a product of the British and European context in which it was written, Alison Bashford and Joyce Chaplin demonstrate that it was the new world, as well as the old, that fundamentally shaped Malthus's ideas.
This is a fascinating insight into the work of one of our greatest thinkers. Thomas Robert Malthus (1766–1834) is best remembered today for his theories on the menace of over-population; this first ever full-length biography shows him also in his role as one of the founders of classical political economy, still a controversial figure in the history of economic thought. Based on exhaustive research among contemporary sources, it gives an account of Malthus’s two careers, as an economist and as a professor at the East India College. Patricia James describes how, at the East India College, Malthus was influential in the establishment of an incorruptible Civil Service and the modern system of written examinations, in circumstances which seem almost farcical today. She gives an account of his family and social life, which was full of warmth and variety, with an abundance of ‘characters’ as well as many famous men. People nowadays are inclined to argue in a vacuum whether Malthus is ‘right’ or ‘wrong’ about population outrunning subsistence, and about the adequacy of aggregate demand in a capitalist society. Patricia James shows him in his historical setting, so that the book is a study both of the man and of the age in which he lived. She believes that, paradoxically, if we view Malthus’s works as the period pieces they are, it becomes more and not less easy to see their relevance to our own problems. Although Malthus’s search for basic principles in a changing world was confused and erratic, his ideas are still illuminating to those who prefer investigation and reappraisal to the mere reiteration of dogma. This text was first published in 1975.
Malthus has prepared in this work the general rules of political economy. He calls into question some of the reasonings of Ricardo and attempts to defend Adam Smith.
Reviews the epistemological ideas that inspired the classical economists: the methodological principles of Bacon, Descartes, Hobbes, Newton, Locke, Hume, Stewart, Herschel, and Whewell. The classical age of economics was marked by an intense interest in scientific methodology. It was, moreover, an age when science and philosophy were not yet distinct disciplines, and the educated were polymaths. The classical economists were acutely aware that suitable methods had to be developed before a body of knowledge could be deemed philosophical or scientific. They did not formulate their methodological views in a vacuum, but drew on a rich collection of philosophical ideas. Consequently, issues of methodology were at the heart of political economys rise as a science. The classical era of economics opened under Adam Smith with political economy understood as an integral part of a broader system of social philosophy; by the end, it had emerged via J. S. Mill as a "separate science", albeit one still inextricably tied to the other social sciences and to ethics. The Rise of Political Economy as a Science opens with a review of the epistemological ideas that inspired the classical economists: the methodological principles of Bacon, Descartes, Hobbes, Newton, Locke, Hume, Stewart, Herschel, and Whewell. These principles were influential not just in the development of political economy, but in the rise of social science in general. The author then examines science in eighteenth- and nineteenth-century Britain, with a particular emphasis on the all-important concept of induction. Having laid the necessary groundwork, she proceeds to a history and analysis of the methodologies of four economist-philosophers—Adam Smith, Robert Malthus, David Ricardo, and J. S. Mill—selected for their historical importance as founders of economics and for their common Scottish intellectual lineage. Concluding remarks put classical methodology into a broader historical perspective.
Karl Polanyi’s The Great Transformation is generally acclaimed as being among the most influential works of economic history in the twentieth century, and remains as vital in the current historical conjuncture as it was in his own. In its critique of nineteenth-century ‘market fundamentalism’ it reads as a warning to our own neoliberal age, and is widely touted as a prophetic guidebook for those who aspire to understand the causes and dynamics of global economic turbulence at the end of the 2000s. Karl Polanyi: The Limits of the Market is the first comprehensive introduction to Polanyi’s ideas and legacy. It assesses not only the texts for which he is famous – prepared during his spells in American academia – but also his journalistic articles written in his first exile in Vienna, and lectures and pamphlets from his second exile, in Britain. It provides a detailed critical analysis of The Great Transformation, but also surveys Polanyi’s seminal writings in economic anthropology, the economic history of ancient and archaic societies, and political and economic theory. Its primary source base includes interviews with Polanyi’s daughter, Kari Polanyi-Levitt, as well as the entire compass of his own published and unpublished writings in English and German. This engaging and accessible introduction to Polanyi’s thinking will appeal to students and scholars across the social sciences, providing a refreshing perspective on the roots of our current economic crisis.