Human Institutions Quotes
Malthus was of the view that population growth often eclipsed the capacity of government and private institutions to support the population. There are even today nations and subpopulations where the economic growth is reasonable but the population growth is greater so that at the end of each year, the average person is poorer and has a lower standard of living. What Malthus did not anticipate is the remarkable productivity growth rate of those institutions like American agriculture, which allo`ws many more people to thrive within a fixed geographic area.
Van Buren, one of our generally acknowledged poor Presidents, had a philosophy that scandal and corruption need not be investigated and stopped so long as things generally work out right.