Catching up with some reading yesterday, I was struck by something Tyler Cowen, one of my favourite economists, said in response to a question about the Malthusian trap, a recurrent fixation of mine. It is the penultimate question in this lot.
Cowen takes what I consider an unnecessarily flip attitude to a very real problem.
Eventually the world will end, and somewhere along the line wages and living standards will be quite low. But until that happens, Malthus isn’t a very useful guide to food and living standards.
Even more astonishing, he cites India’s terrific increase in food production, thanks to the Green Revolution, without wondering why it is that the country still has such very high levels of child malnutrition and stunting.
The real problem is bad institutions, such as are found in North Korea, so our worst enemy is ourselves, not some oppressive force of population multiplication.
Malthus’ point, of course, is not that humans increase oppressively; it is that they do so more rapidly than agricultural productivity. Leave that aside. Is it all really the fault of bad institutions? And if so, why single out North Korea? Why not India?