Malthusian Theory

Malthusian theory, also known as Malthusianism or Malthus theory, proposes that the exponential population growth would exceed arithmetical food supply increase. Such catastrophe would only be averted through war, famine, floods, earthquakes, and pertinent natural forces to control reproduction. The imbalance may also be prevented through abstinence and other forms of restraint. This was theorized by Thomas Malthus (1766-1834), a British economist. Contrary to his prediction, food production has risen along with the population. Technological advancements and globalization have prevented the catastrophic imbalance. However, this theory still remains influential in world economics.