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Observations on the Effects of the Corn Laws, and of a Rise or Fall in the Price of Corn on the Agriculture and General Wealth of the Country cover

Observations on the Effects of the Corn Laws, and of a Rise or Fall in the Price of Corn on the Agriculture and General Wealth of the Country

By T. R. Malthus
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EconomicsHistory - British

About This Book

The essay examines how tariffs, bounties, and fluctuations in grain prices influence agriculture and overall wealth, arguing that many debates have neglected core principles of political economy. It disputes the view that an increase in the money price of grain cannot raise its real return or encourage production, and analyses how food-price changes filter slowly and unevenly into wages and household expenditures. The author compares advantages and disadvantages of competing policy options in current circumstances, clarifies the links among food costs, labour supply, and capital allocation to land, and seeks to provide practical guidance for legislative decision making.

About the Author

Malthus, T. R. portrait

T. R. Malthus

Thomas Robert Malthus (1766-1834) was an English cleric and scholar, best known for his influential theories on population growth and its implications for society. His seminal work, "An Essay on the Principle of Population," published in 1798, argued that population growth would inevitably outpace food production, leading to widespread famine and societal challenges. Malthus's ideas sparked significant debate and laid the groundwork for modern demography and economics. He also contributed to political economy with works such as "An Inquiry into the Nature and Progress of Rent" and "Definitions in Political Economy." His insights continue to resonate in discussions about sustainability and resource management.

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