User:Mackenzieburchett/sandbox

Sources For Malthus Article:

The Book:

This one doesn’t have the entire book but it does have editors notes, an intro and part of a conclusion.

https://books.google.com/books?id=qjs1DUxjFr8C&printsec=frontcover&source=gbs_ge_summary_r&cad=0#v=onepage&q&f=false

This one talks about the two different editions and a little more about the book itself. http://www.cambridge.org/us/academic/subjects/economics/history-economic-thought-and-methodology/t-r-malthus-principles-political-economy-volume-1?format=PB&isbn=9780521075916#UVQg20sw8zJ2hq2q.97

The entire book:

http://oll.libertyfund.org/titles/malthus-principles-of-political-economy

Criticisms of The Book:

This talks about Keynes’s criticisms of Malthus and his criticism of the book.

https://www.hetsa.org.au/pdf/34-A-12.pdf

Keynes Criticisms (Source Summary)

https://www.hetsa.org.au/pdf/34-A-12.pdf

-Keynes criticized Malthus’s lack of focus on the rate of interest

-Also criticized him because Malthus was unable to provide a good theory of effective demand

-A lot of people focus on the positive relationship between Keynes and Malthus and forget about the criticisms.

-here’s what the source says about Keynes criticism of Principles of Political Economy:

“Turning now to the second of Keynes’s criticisms of Malthus - viz. that Malthus was ‘unable to explain clearly (apart from an appeal to the facts of common observation) how and why effective demand could be deficient or excessive’, it seems to me that such a claim could only be based on a deficient appreciation of the macroeconomics contained in the long final chapter of Malthus’s Principles of Political Economy, 1820.14 In his essay on ‘Robert Malthus’ Keynes referred specifically to only two Sections, IX and X, of Chapter VII. He regarded Section IX as ‘a masterly exposition of the conditions which determine the optimum of Saving in the actual economic system in which we live’, and Section X as ‘the best economic analysis ever written of the events of 1815-20’ (Keynes 1961 [1933], p. 121). He apparently did not see in Chapter VII a clear theoretical explanation of how movements occur in the level of effective demand.”

Basically, he thought the book was really great except Malthus’s theory of effective demand was terrible.

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