ORTES, Giammaria was born in 1713 in Venice, Italy.
His idiosyncratic system has something in common with that of Steuart, whom he many have read. His
starting point was that consumption was the limiting factor on total output. He attacked the view that money and wealth were identical, arguing that money was merely a symbol of wealth, and expressly excluding if from his list of items that constitute wealth.
He drew attention to the disparity between the potential growth of population and the increase of subsistence. He set an absolute limit to population of three billion, suggesting that when the limit was reached parents would eat their children. Clergyman.