The doctrine of population has been conspicuously absent, not because I doubt in the least its truth and vast importance, but because it forms no part of the direct problem of economics.
Thomas MalthusThe constant effort towards population, which is found even in the most vicious societies, increases the number of people before the means of subsistence are increased.
Thomas Malthus[P]opulation, when unchecked, goes on doubling itself every twenty-five years, or increases in a geometrical ratio. ... [T]he means of subsistence, under circumstances the most favorable to human industry, could not possibly be made to increase faster than in an arithmetical ratio.
Thomas MalthusPopulation regulates itself by the funds which are to employ it, and therefore always increases or diminishes with the increase or the diminution of capital. Every reduction of capital is therefore necessarily followed by a less effective demand for corn, by a fall in price, and by a diminished cultivation.
Thomas Malthus