7 ms·
For something saner, you might like reading https://fass.nus.edu.sg/ecs/wp-content/uploads/sites/4/2020/06/15-10-015.pdf https://fass.nus.edu.sg/ecs/wp-content/
by eru 1y ago
For something saner, you might like reading https://fass.nus.edu.sg/ecs/wp-content/uploads/sites/4/2020/06/15-10-015.pdf https://fass.nus.edu.sg/ecs/wp-content/uploads/sites/4/2020/...
> If Not Malthusian, Then Why?
> This paper shows that merely the Malthusian mechanism cannot explain the pre-industrial stagnation of living standards. Technological improvement in luxury production, if faster than improvement in subsistence production, would have kept living standards growing. The Malthusian trap is essentially a puzzle of balanced growth between the luxury sector and the subsistence sector. The author argues that the balanced growth is caused by group selection in the form of biased migration. A tiny bit of bias in migration can suppress a strong tendency of growth. The theory reexplains the Malthusian trap and the prosperity of ancient market economies such as Rome and Song. It also suggests a new perspective on the Industrial Revolution.
- pyrale 1y agoSaner how? I don’t see any way where reducing the current environmental knowledge we have to a form of malthusianism is sane.
- eru 1y agoAlas, I'm afraid I didn't explain this well. The paper I linked to is just the opposite of Malthusianism. The original submitted article is dressed up Malthusianism.