Quotes from work
Principles of Political Economy

Principles of Political Economy

Principles of Political Economy Considered with a View to their Applications, simply referred to as Principles of Political Economy, was written by nineteenth century British political economist Thomas Malthus in 1820. Malthus wrote Principles of Political Economy as a rebuttal to David Ricardo's On the Principles of Political Economy and Taxation. While the main focus of their work is to explain economic depressions in Europe and the reasons why they occur, Malthus uses his scholarship to explore price determination and the value of goods.


Thomas Robert Malthus photo
Thomas Robert Malthus photo
Thomas Robert Malthus photo

“It is not the most pleasant employment to spend eight hours a day in a counting house.”

Book II, Chapter I, On the Progress of Wealth, Section IX, p. 403
Principles of Political Economy (Second Edition 1836)

Thomas Robert Malthus photo
Thomas Robert Malthus photo

“But, fortunately for mankind, the neat rents of the land, under a system of private property, can never be diminished by the progress of cultivation.”

Book I, Chapter III, Of the Rent of Land, Section IX, p. 216
Principles of Political Economy (Second Edition 1836)

Thomas Robert Malthus photo

“A feather will weigh down a scale when there is nothing in the opposite one.”

Book II, Chapter I, On the Progress of Wealth, Section V, p. 355
Principles of Political Economy (Second Edition 1836)

Thomas Robert Malthus photo
Thomas Robert Malthus photo