Population Backfire: Hindsight to Malthusian Catastrophe

Abstract

The basic tenet of Economics lies in the scarcity principle and unlimited nature of human wants, but allocating a definite amount of resources to satisfy the growing per capita needs in an economy is a difficult task. Things become more complicated when the population pressure generates backfire. The global population has increased to 7.8 billion, and it is essential to ensure sufficient food supply for the growing human population as well as for other species without destroying ecological balance is a serious matter to consider. An evaluation of Malthusian population theories has great importance in this context. This paper intends to analyze the Malthusian theory of population and what happens if population backfire happens and also looks into the intensity of positive checks on population along with the Malthusian trap and its effect on the present as well as the future generation.