The Economic Impacts of the Great Irish Famine

1777 Words4 Pages

The analysis of the Irish economic problem, the Great Famine, was a remarkable topic to study by several classical authors such as, Thomas Malthus, John Stuart Mill, David Ricardo or William Senior. A contextualization skim of the economic characteristics of the country is required in order to know about their main ideas with respect to the topic, taking into account the aspects like the land property, the political power and the relation between Ireland and England.
The tense relationship between Ireland and England lasted for many years. There were constant attempts from the English government to exercise control over its neighbors, which were, at the same time, answered with several insurrections.
In 1801, the Kingdom of Great Britain and …show more content…

As a result, the community growth intensifies to a point where the income per capita will be so low that its maintenance would turn into untenable; hence the population suffers and contracts, occasioning a new cycle again. Therefore, the theory emphasizes a rigid dependence of population growth upon the food supply.
Following this reasoning, it could be inferred that the cyclical reduction of population through famines is a necessary condition for the efficiency of an economy. Therefore, by clearing the surplus population from the land, the market rebalances itself. So at that point, it can be suggested that a definition for overpopulation is the moment when a community is too large to maximize the efficient production of its economy; so it would need a reduction in numbers that would raise income per …show more content…

Who wrote Principle of Political Economy (1848), it was nicknamed by Mark Blaug as the undisputed bible of the 19th century for the economic world.
Richard Lebow’s analyzed Mill’s arguments sustaining that it can be identified two contrary visions; one arguing for the market on its own and the other for the necessity of a state’s intervention. This classification of two clearly opposed views is also raised by Gide and Rist in the following statement “During the first half of his life, Mill was an individualist who was deeply committed to utilitarianism. During the second half, he was a socialist who remained a champion of individual liberty” (1947, page

Open Document