ABSTRACT

Malthusian concepts are critical for the future of man on earth. More importantly, N. Georgescu-Roegen uncovered a vital flaw in Malthus' theory and in the major modern analyses of a neo-Malthusian bent. Georgescu-Roegen is a post-Malthusian theoretician in that he is more Malthusian than Malthus. The great majority of economists are highly critical of Malthusian economic analysis. A notable exception to this rule is the insightful work of Professor Georgescu-Roegen of Vanderbilt University. Before turning to an examination of Japan, it is worthwhile briefly examining some key elements in Georgescu-Roegen's neo-Malthusian economic analysis which, along with the better known theoretical contributions of Malthus himself and of Harold and Margaret Sprout. Japan is not unique in confronting the Malthusian dilemma. Other countries — notably those of Western Europe -- confront the dilemma in similar ways.