We use cookies to distinguish you from other users and to provide you with a better experience on our websites. Close this message to accept cookies or find out how to manage your cookie settings.
To save content items to your account,
please confirm that you agree to abide by our usage policies.
If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account.
Find out more about saving content to .
To save content items to your Kindle, first ensure no-reply@cambridge.org
is added to your Approved Personal Document E-mail List under your Personal Document Settings
on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part
of your Kindle email address below.
Find out more about saving to your Kindle.
Note you can select to save to either the @free.kindle.com or @kindle.com variations.
‘@free.kindle.com’ emails are free but can only be saved to your device when it is connected to wi-fi.
‘@kindle.com’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.
Perhaps the most notorious choice of words ever made by an economist was the pair of mathematical terms used by Malthus to describe the maximum possible rates of increase in population and subsistence: “geometric” to describe population growth, and “arithmetic” to describe the growth of subsistence. If Malthus could have foreseen the linguistic and logical difficulties entailed by the geometric-arithmetic distinction, he might have looked for different adjectives. But what a loss to the “bravura” style of the Essay on Population so admired by Keynes! Consider the rhetorical impact of: “Population tends to increase at an exponential rate higher than the rate at which the food supply increases.” Is this the language of an economic classic?
By systematically analyzing ship registry documents it is possible to illuminate shipholding practices at major American ports in the early national era. In this article, Professor Gilbert focuses on shipholding in Baltimore in the period just prior to the late eighteenth century European war-induced shipping boom. He finds the port's foreign trade to be largely controlled by Baltimore residents. Merchants owned by far the largest percentage of the shipping, while mariners constituted an important, albeit secondary, investor group. Sole ownership of vessels was more extensive in Federalist Baltimore than in colonial Boston or Philadelphia. More detailed comparisons of shipowning practices among the major United States ports, Gilbert concludes, await further research.