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QUOTE: …for the bulk of human history, the much-derided Thomas Malthus was right: Population growth consistently overwhelmed technological growth. As you can see from the clustering of purple boxes there, technology did not traditionally solve our problems. It merely kept us afloat. And sometimes, it barely did that. “We only think Malthus got it wrong because the two centuries he was wrong about were the two centuries that followed the publication of his work,” writes Krugman. But his theory did a pretty good job explaining the first 58 centuries of human civilization.
Posted on July 6, 2009

