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Our Daily Bread

We better get used to higher food prices. They will be with us for years to come – By Nikolaus Piper

Thomas Robert Malthus was one of the greatest pessimists of history. The Anglican parson from Surrey was not only one of the founders of classical political economics – he also gave the young science a decidedly dismal undertone. The working class would never be able to escape its misery, he believed. As soon as the lot of the poor improved a little, their enhanced prosperity would result in more children to feed. While populations would be able to grow exponentially, he stated, food production could experience only linear growth: a trap with no exit.

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