Black Swans, Food Shortages, and Social Unrest
BY RICHARD MILLS
FinancialSense.com
01/13/2012
In 1798 32 year-old British economist Malthus anonymously published “An Essay on the Principle of Population” and in it he argued that human population’s increase geometrically (1, 2, 4, 16 etc.) while their food supply can only increase arithmetically (1, 2, 3, 4 etc.).
“The power of population is indefinitely greater than the power in the earth to produce subsistence for man”. Thomas Robert Malthus
It is estimated that the population of the world reached:
One billion in 1804
Two billion in 1927
Three billion in 1960
Four billion in 1974
Five billion in 1987
Six billion in 1999
The Rest…HERE
