Malthus, T. R. (Thomas Robert), 1766-1834; Malthusianism
It is here that the _Essay on Rent_ is connected with the _Essay on
Population_. By the law of population the tendency is that where food
enough for six is being produced by two, the other four will soon make
their appearance; and so, thinks Malthus, the farmer makes his customers
by simply making his wares. Something like this, we might add, would
happen in a completely developed co-operative society, where the makers
would sell to each other and buy from each other. It is even true, in a
sense, of all manufacturers as things now are, in proportion as their
articles come near to being necessaries;—if they supply that without
which people cannot live, they go far to bring people into being.
Malthus, however, regarded it as much more true of agricultural
production than of any other. He regarded food as the chief necessary,
and thought with Adam Smith, that “when food is provided it is
comparatively easy to find the necessary clothing and lodging.”[526]
Against this we need only remember, how the _Essay on Population_ showed
that it was only in the lower stages of existence that increase of mere
food involved increase of population; and so the tendency of the supply
to create its own demand was, on the author’s own showing, nothing more
than a tendency.[527] His economical reasoning was swayed a little by
his circumstances. The insularity of English life in his days prevented
him from conceiving how a nation could safely derive half its food from
abroad; what Adam Smith had thought too good to be likely,[528] he
thought too dangerous to be desirable. Good or bad, it is our position
now, and the result is, first, that the supply of food does not, in the
same degree or way, produce its own demand as formerly, and, second,
that our other productions are, even more truly than the agricultural,
the supply that creates its own demand, for they give the power of
buying the food that feeds new demanders. The production carried on, on
the surface of the land, has come in this way to be a more potent cause
of the Progress of rents than production from the soil itself. With this
restatement the second of Malthus’ causes of rent becomes perhaps a
little more intelligible.
Public-domain text, read in full here on John Shaqi.
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