…ccessful reproduction. I will try to show that the classical school treated this as axiomatic from Petty through Smith, Malthus, Ricardo and Mill. Malthus was only the most obvious case. It lapsed from attention when a brilliant new insight called marginalism preferred to do with...
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Malthus and West all warned against rote replication in economies already
…lecting tastes that maintain and reproduce us. The idea that we act out the biological imperative is clear in Petty and Malthus, and in the equilibrium wage theory of Adam Smith and David Ricardo, where pay converges to the level preserving the work force. But if] say everything...
…fixity, and its rivals to extinction, within a few generations if selection favored it consistently. Their argument was Malthus’ insight: breeding success is geometric. Yet there is rich allelic diversity wherever we look. There are some gene sites in some species where the most...
… expected pay to converge to the level maintaining and replacing the work force, which is trusted to spend it on both. Malthus’ population principle in 1798 and 1801 Chapter 7 Petty’s Idea 2/3/16 9 HOUSE_OVERSIGHT_011068