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p. 766. The political economy of stable growthlocked

  • Donald Winch


‘The political economy of stable growth’ examines The Principles of Political Economy, which was based on Malthus's belief that ‘the science of political economy bears a nearer resemblance to the science of morals and politics than to that of mathematics’. From the outset of his career as a political economist Malthus was prepared to question the unqualified application to policy of any single system or principle. It was his concern with what happens in the process of adjusting from one constellation of economic forces to another which lends a consistently dynamic dimension to Malthus's work as a political economist.

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