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Small is Still Beautiful: Economics as if Families Mattered
Intercollegiate Studies Institute, 2006 Cloth: 978-1-933859-04-0 | Paper: 978-1-933859-05-7 Library of Congress Classification HB171.P395 2006 Dewey Decimal Classification 330
ABOUT THIS BOOK | AUTHOR BIOGRAPHY | TOC
ABOUT THIS BOOK
A third of a century ago, E. F. Schumacher rang out a timely warning against the idolatry of giantism with his book Small Is Beautiful. Since then, millions of copies of Schumacher’s work have been sold in dozens of different languages; few books before or since have spoken so profoundly to urgent economic and social considerations. Schumacher, a highly respected economist and adviser to third-world governments, broke ranks with the accepted wisdom of his peers to warn of impending calamity if rampant consumerism, technological dynamism, and economic expansionism were not checked by human and environmental considerations. Humanity was lurching blindly in the wrong direction, argued Schumacher. Its obsessive pursuit of wealth would not, as so many believed, ultimately lead to utopia but more probably to catastrophe. Schumacher's greatest achievement was the fusion of ancient wisdom and modern economics in a language that encapsulated contemporary doubts and fears about the industrialized world. The wisdom of the ages, the perennial truths that have guided humanity throughout its history, serves as a constant reminder to each new generation of the limits to human ambition. But if this wisdom is a warning, it is also a battle cry. Schumacher saw that we needed to relearn the beauty of smallness, of human-scale technology and environments. It was no coincidence that his book was subtitled Economics as if People Mattered. See other books on: Economic development | Economies of scale | Pearce, Joseph | Political Economy | Small business See other titles from Intercollegiate Studies Institute |
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