Quote of the Day for December 22, 2014

356: From Malthus, An Essay on the Principle of Population, 6th edition, Book III, Chapter XIII:

    Some ancient nations, which, according to the accounts we have received of them, possessed but an inconsiderable quantity of manufacturing and commercial capital, appear to have cultivated their lands highly by means of an agrarian division of property, and were unquestionably very populous. In such countries, though full of people already, there would evidently be room for a very great increase of capital and riches; but, allowing all the weight that is in any degree probable to the increased production or importation of food occasioned by the stimulus of additional capital, there would evidently not be room for a proportionate increase of the means of subsistence.

    III.XIII.6 (paragraph number)

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