Terry Anderson, D. Bruce Johnsen
Facing the "fiscal cliff," perhaps the president and Congress should start thinking in terms of the "foreclosure crisis." All lenders, whether a local home-loan bank or the Chinese government, expect to be repaid either from the borrower's income or, if that is insufficient, from the sale of assets...
Malthus will always be associated with the idea of a social and economic trap, in which population grows faster than food production. But Malthus did not believe in a population apocalypse, as many of his followers do today.