After reading Thomas Malthus\' population theory and the ideas of Julian Simon, with which do
you agree? Give at least one example supporting your opinion.
Solution
I agree with Julian Simon Ideas. Julian Simon ideas led to a cornucopian theory which states that
with increasing population, technology would grow and lead to new resources.
Thomas Malthus, on the other hand, stated that growing population would lead to scarce
resources which would not be able to sustain that population.
Let\'s take an example of the United States of America. After world war 2 the baby boomers
came into existence. This was the time period when the birth rate was very high, the population
was increasing and as per the Malthusian theories, the resources would have gone extinct. But
that didn\'t happen, instead, new technology and research and development came in. New
inventions like internet, computers enabled the nations to become more efficient and increase
production manifolds. Globalisation was boosted, oil market came into existence and all these
new technologies changed the way people live.
New technology just changed the way we experience the world..
After reading Thomas Malthus population theory and the ideas of Ju.pdf
1. After reading Thomas Malthus' population theory and the ideas of Julian Simon, with which do
you agree? Give at least one example supporting your opinion.
Solution
I agree with Julian Simon Ideas. Julian Simon ideas led to a cornucopian theory which states that
with increasing population, technology would grow and lead to new resources.
Thomas Malthus, on the other hand, stated that growing population would lead to scarce
resources which would not be able to sustain that population.
Let's take an example of the United States of America. After world war 2 the baby boomers
came into existence. This was the time period when the birth rate was very high, the population
was increasing and as per the Malthusian theories, the resources would have gone extinct. But
that didn't happen, instead, new technology and research and development came in. New
inventions like internet, computers enabled the nations to become more efficient and increase
production manifolds. Globalisation was boosted, oil market came into existence and all these
new technologies changed the way people live.
New technology just changed the way we experience the world.
