Washington Post (November 19)
“In 1798, British economist Thomas Malthus forecast that an increasing population would soon outstrip, disastrously, nature’s capacity to feed so many people…. And yet here we are: The world’s population has octupled since Malthus’s day, more than doubled since 1968, and living standards around the world have vastly, though unevenly, improved during that time.” It is worth celebrating November 15, the day “Planet Earth welcomed its eight-billionth living inhabitant.”
Tags: 1798, Celebrating, Earth, Economist, Forecast, Inhabitant, Living standards, Malthus, Nature’s capacity, Octupled, Outstrip, Population
Wall Street Journal (December 4)
With rising production and falling prices, the ‘Peak Oil’ theory has again been debunked. The world routinely panics, then “relearns that supply responds to necessity and price.” The Malthusian hysteria has not been restricted to oil. There have “been regular warnings that the world is running out of soybeans, helium, chocolate, tunsgsten, you name it—and that population growth has become unsustainable. The warnings create a political or social panic for a while, only to be proved wrong.”
Tags: Chocolate, Debunked, helium, Malthus, Necessity, Panic, Peak Oil, Population growth, Price, Production, Soybeans, Supply, Tunsgsten
