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p. 555. From population to political economylocked

  • Donald Winch


‘From population to political economy’ explains how Malthus was drawn into wider speculations on the wealth of nations. It soon became apparent that the problems of agricultural production were intimately bound up with the other variables that underlay economic growth, notably capital accumulation, the relationship between agriculture, manufacturing, and foreign trade, and the connections between rents, profits, wages, and the prices of goods and services. In moving from population theory to political economy, Malthus moved from the optimal relationship between food and population growth over time to a larger question involving the most desirable course that economic growth and the occupational pattern of the British economy should take.

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