Each year, the Competitive Enterprise Institute (CEI) has a dinner in Washington, D.C., honoring the economist Julian Simon, who died in 1998. Simon was a rare optimist in the fields of population and natural resources. He disagreed with most environmentalists of his day (especially in the 1980s through 1990s). They feared passionately that growing population would overwhelm agriculture and industry and that the world would run out of natural resources such as oil and minerals.
Instead, Simon thought that more births are a good thing and was sure that resources would not disappear. His upbeat views were widely disparaged.
Ecologist Garrett Hardin called him “Dr. Pangloss,” compared him to a “fast change artist at a county fair,” and said he persuaded people with “sleight of hand.” [1] Paul Ehrlich, author of The Population Bomb, and a leading alarmist wrote (along with his wife, Anne), that Simon was “the leader of a space-age age cargo cult” of economists and a “fringe character.” [2] They also called his qualifications those of a “specialist in mail-order marketing.”[3]
Thomas Robert Malthus has had a very long run. Issuing his first essay on population in 1798, he has persuaded millions of people that the world is threatened by overpopulation.
“The effect of Malthusianism was immediate and dramatic,” writes historian Gertrude Himmelfarb. “For half a century social attitudes and policies were decisively shaped by the new turn of thought.”[1] And the impact continues.
Until November I had never read Malthus’s essay.[2] To my surprise, it is a delightful essay—-clearly written, easy to read, a relatively short book. (Subsequent editions were more ponderous, I understand.)
Malthus is thoughtful and civil—deferential toward Adam Smith in spite of a disagreement and polite toward the two men whose arguments he demolished, William Godwin and Nicolas de Condorcet. The essay is full of plain-spoken metaphors (using examples such as watches and telescopes)[3] and full of common sense.
The strange thing is this: Not only was his claim about population vs. food production wrong, as we now know from 120 years of experience, his argument for it was just armchair theorizing. Continue reading “The Marketing Genius of T. R. Malthus”
