E. F. Schumacher Quotes About Economists

Quotes about: Economists

• Anyone who thinks consumption can expand forever on a finite planet is either insane or an economist.

  E. F. Schumacher

  Thinking, Forever, Insane

• Is there enough to go around? What is enough? Who can tell us? Certainly not the economist who pursues economic growth as the highest of all values, and therefore has no concept of enough.

  E. F. Schumacher

  Growth, Economic, Enough

  E.F. Schumacher (1975). “Small is Beautiful”

• I started by saying that one of the most fateful errors of our age is the belief that the problem of production has been solved. This illusion, I suggested, is mainly due to our inability to recognize that the modern industrial system, with all its intellectual sophistication, consumes the very basis on which is has been erected. To use the language of the economist, it lives on irreplaceable capital which it cheerfully treats as income.

  E. F. Schumacher

  Errors, Intellectual, Environmental

  E.F. Schumacher (1975). “Small is Beautiful”

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