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Silly ol' me thinks this is a necessary pre-condition for utter disaster in the developing world.

Of course Malthus has always been proven wrong.

I suppose the markets will have to step in and save everyone, again.

Maybe this is what economists mean by 'demand reduction'?

by ThatBritGuy (thatbritguy (at) googlemail.com) on Mon May 26th, 2008 at 09:06:55 AM EST
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Of course Malthus has always been proven wrong.

In the long run, so far.  In the short run think Irish Potato Famine.

"It is not necessary to have hope in order to persevere."

by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Tue May 27th, 2008 at 12:51:58 AM EST
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Silly me, of course Malthus was right in Ireland as well.  After all, the population did decline so as not to exceed the available food supply.  It was the fault of the Irish for not seeing the blight coming.

So sorry.

"It is not necessary to have hope in order to persevere."

by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Tue May 27th, 2008 at 01:08:15 AM EST
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