Murray Pollitt commentary

http://www.gata.org/files/PollittMarketLetter-04-19-2010.pdf

Malthusian: of or relating to Malthus or to his theory that population tends to increase at a faster rate than its means of subsistence and that unless it is checked by moral restraint or disaster (as disease, famine, or war) widespread poverty and degradation inevitably result. - Merriam-Webster

King Canute: http://www.viking.no/e/people/e-knud.htm