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The best statement to summarize Malthus's argument about population growth is that the population of individual countries will vary based on the possible production limitations within society. Thomas Malthus is famous for his observations on population change.
Thomas Malthus
The Malthus theory was developed by Robert Thomas Malthus. Malthus used mathematical means to suggests that over a period of time, the earthâ??s population would come to overpower the resources that will be left in the world.
Reverend Thomas Malthus believed that massive population growth would facilitate famine or disease. This phenomenon was called a Malthusian catastrophe. It was thought to cause an equally massive decrease in population.
Alexander Hamilton believed in a loose interpretation, while Thomas Jefferson believed in a strict interpretation.
The First Bank of the United States was opposed by Presidents Thomas Jefferson and James Madison, who both believed it to be unconstitutional.