Thomas Robert Malthus

Observations on the Effects of the Corn Laws (eBook, ePUB)

• Format: ePub

Produktbeschreibung

"Observations on the Effects of the Corn Laws" is a pamphlet published by Thomas R. Malthus, Professor of Political Economy, regarding the policy guiding the rise and fall in the price of corn referred to as the "Corn Law." At the end of the Napoleonic Wars Parliament passed legislation banning the importation of foreign corn into Britain until domestic corn cost 80 shillings per quarter. The high price caused the cost of food to increase and caused distress among the working classes in the towns. It led to serious rioting in London and to the Peterloo Massacre in Manchester in 1819. In this pamphlet, printed during the parliamentary discussion, Malthus tentatively supported the free-traders. He argued that given the increasing cost of growing British corn, advantages accrued from supplementing it from cheaper foreign sources.

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Produktdetails

• Verlag: Good Press
• Seitenzahl: 26
• Erscheinungstermin: 8. Dezember 2020
• Englisch
• ISBN-13: 4064066311162
• Artikelnr.: 60733057

Autorenporträt

Thomas Robert Malthus (1766-1834) was an English cleric and scholar influential in the fields of political economy and demography. His views have become famously known through his main work, 'An Essay on the Principle of Population' (1798), where he posited that population growth would eventually outstrip food supply, leading to societal struggle. The 'Malthusian theory' has been a topic of considerable debate and has impacted economic policies and humanitarian efforts. Aside from his seminal essay, Malthus also delved into the realms of economic policy with works such as 'Observations on the Effects of the Corn Laws.' In this treatise, he examined the repercussions of trade tariffs on grain imports within Britain, shedding light on the socioeconomic ramifications. Malthus's scholarly writing is characterized by incisive analysis rooted in empirical observations, yet his work often stoked controversy for its perceived pessimistic implications on human progress. His contributions to the discussion on population dynamics and economic theory have placed him among the most prominent figures of classical economics. His legacy is encapsulated in the term 'Malthusian', which delineates the dire outcomes of unchecked population growth, a subject that finds relevance in today's discourse on sustainability and resource management.