Herard Gilles Jr

Gilles Herard Jr, Gilles Herard, Herard Gilles Jr
The dismal science is a derogatory alternative name for economics devised by the Victorian historian Thomas Carlyle in the 19th century.

It is often stated that Carlyle gave economics the nickname "dismal science" as a response to the late 18th century writings of The Reverend Thomas Robert Malthus, who grimly predicted that starvation would result, as projected population growth exceeded the rate of increase in the food supply.

The teachings of Malthus eventually became known under the umbrella phrase "Malthus' Dismal Theorem". His predictions were forestalled by unanticipated dramatic improvements in the efficiency of food production in the 20th century; yet the bleak end he proposed remains as a disputed future possibility, assuming human innovation fails to keep up with population growth.