Small Is Beautiful

By E.F. Schumacher,

Book cover of Small Is Beautiful: Economics as If People Mattered

Book description

This New York Times bestselling “Eco Bible” (Time magazine) teaches us that economic growth must be responsibly balanced with the needs of communities and the environment.

“Embracing what Schumacher stood for--above all the idea of sensible scale--is the task for our time. Small is Beautiful could not be more relevant.…

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Why read it?

3 authors picked Small Is Beautiful as one of their favorite books. Why do they recommend it?

The book that gave birth to the slogan... This is an iconoclastic look at the capitalist economy from a man who trained as an academic economist and worked for the National Coal Board. Schumacher thought creatively and wrote and spoke in a lively and engaging way and the book is an accessible introduction to a different way of thinking about what the purpose of an economy, or economics, is.

Also, Schumacher was invited to become the first Director of the Anglo-German Foundation for the Study of Industrial Society, but felt that he was already too old for the job.…

This is a book that is focused on Small Country Economics. It is considered a book on New Age economics, which describes concepts that are more relevant today than they were when the book was first published in 1973. It discusses approaches to production, peace, education, technology, and size from a people/cultural perspective which should be considered extremely relevant in today’s mass production/waste society. 

My rekindled interest in climate change took me back to a book that had influenced me significantly decades ago, which now seems more relevant than ever before—a fact attested to by the fact that the most recent edition features a new forward by Bill McKibben. Of course, Schumacher was not discussing climate change in 1973, but he was already calling attention to ethical, economic, and environmental issues associated with economic growth and thinking about solutions. This is a collection of articles by an economist whom John Maynard Keynes once suggested might be his worthy successor. It includes his provocative “Buddhist…

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