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By Dr. David Edward Marcinko; MBA MEd
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Malthusian economics refers to the idea that, while population growth may be exponential, the growth of food supply and the supply of other resources is linear.
This theory states that when a population grows over time and outpaces a society’s ability to produce resources, its standard of living may reduce and trigger a large depopulation event. With this, Malthusian economics supports population control efforts to avoid unchecked growth rates.
Various schools of thought have largely discredited Malthusianism as it relates to agricultural production, but discourse around environmental degradation, resource depletion and scarcity persists.
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