It is a mere futile process to exchange one set of commodities for another, if the parties; after this new distribution of goods has taken place, are not better off than they were before. (Thomas Malthus)

It is a mere futile process to exchange one set of commodities for another, if the parties; after this new distribution of goods has taken place, are not better off than they were before.

Thomas Malthus

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distribution exchange goods mere off place process set take

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