thomas malthus
Economy Education People

Malthusian Trap: How Humans Escaped The Cycle of Misery (For Now…)

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This post originally comes from The Malthusian Trap is a theory which argues that, unchecked, population growth will outpace increases in food production and inevitably lead to global famine. The theory is named after Thomas Robert Malthus (1766-1834), the economist who proposed this principle in 1798. Malthus failed to account for agricultural innovation, which has helped bring […]

belle epoque
Economy Education

Belle Époque: The Era of Excess and Inequality

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This post originally comes from The Belle Époque (“Beautiful Era”) was a period of European history that dates from 1871 to 1914. During this time, Western countries experienced rapid economic growth, made major scientific breakthroughs, and improved political and human rights. For most Europeans, these developments led to a higher quality of life, and so these years are […]

elephant graph
Economy International

This Chart Explains Wealth Inequality: The Elephant Graph

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This post originally comes from The Elephant Graph shows changes in global incomes over the 20-year period from 1988-2008. It demonstrates who has gained from global trade — and who hasn’t — since the Cold War. The big winners are the global middle class, especially in Asian countries, and the ultrarich. Meanwhile, incomes have stagnated among European […]