Lemin Wu (2015): If Not Malthusian, Then Why?: A Darwinian Explanation of the Malthusian Trap: "the Malthusian mechanism alone cannot explain the pre-industrial stagnation.... Improvement in luxury technology... would have kept living standards growing...
...The Malthusian trap is essentially a puzzle of balanced growth between the luxury sector and the subsistence sector. The author argues that balanced growth is caused by group selection in the form of biased migration. It is proven that a tiny bit of bias in migration can suppress a strong growth tendency. The theory re-explains the Malthusian trap and the prosperity of ancient market economies such as Rome and Sung. It also suggests a new set of factors triggering modern economic growth...
#noted
