Small Is Beautiful, 25th Anniversary Edition: Economics As If People Mattered: 25 Years Later . . . With Commentaries
Small is Beautiful is the perfect antidote to the economics of globalization. As relevant today as when it was first published, this is a landmark set of essays on humanistic economics. This 25th anniversary edition brings Schumacher's ideas into focus for the end-of-the-century by adding commentaries by contemporary thinkers who have been influenced by Schumacher. They analyze the impact of his philosophy on current political and economic thought. Small is Beautiful is the classic of common-sense economics upon which many recent trends in our society are founded. This is economics from the heart rather than from just the bottom line.
The "Great Heresy of Economics" And a Must Read
By "gwydionoak" - January 10, 2003
When I was a student at Brigham Young University in the early 80's, I was introduced by my macroeconomics professor to what many economists of the time considered to be the "great heresy of economic theory." - a copy of Small is Beautiful. He warned me that quoting it in research papers would be most unwise, as the BYU economics department was, and continues to be, a strong proponent of the current economic orthodoxy of infinite economic growth and prosperity that dominates economics even today. He finished by saying that "Schumacher was a radical, no doubt about it. However, he will also turn out to be right in the end." Truer words were never spoken. There are those who will point out detail errors in Schumacher's work. The book was, after all, written over 25 years ago, and Schumacher would never have considered himself a prophet. Yet the central theme of his work, that infinite economic growth is impossible within a finite system, and the inevitable consequences of ignoring... read more
Not Only Beautiful, But Also Practical
By Tony Theil - December 19, 2003
In my college days I struggled with economics and barely passed. My economic professors and the course material were dull, ambiguous, and non-stimulating. None of these adjectives could be used to describe Schumacher's Small is Beautiful: Economics as if People Mattered.Schumacher makes economics come alive with wit, humor, and practicality. His approach is qualitative, not quantitative. A recurring statement throughout the book epitomizes his philosophy, "Why use the computer if you can make the calculation on the back of an envelope"? He gives the science a personality when identifying the disparities between the rich and poor, the educated and uneducated, and the gap between city people and country-folk.Small is Beautiful created a humanistic economics movement. It's a wholistic approach containing ethical, ecological, and metaphysical components that are missing from the statistical models that solely measure GNP. Schumacher sounded the alarm regarding... read more
Only people matter.....
By "tdcs" - March 19, 2000
Few books can make you think in so profound and fundemenatal way than this one. I dont know whether it is a bit naive or we have already lost our innocence even to attempt to live by it..but one thing which really struck me was the utter simplicity and clarity in thought...Only thing which matters is 'we are human' and 'nothing is as important as human happiness'..there is no other virtue than the attempt at allievating suffering and optmising happiness of all around us....Only people matter...! be it economics, management,technology, science,..arts,...any human endeavour....and unfortunately we are surprised when someone reminds us so.... email@example.com
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The 25th anniversary edition of the classic motivational and self-improvement book that has sold more than 1.6 million copies in hardcover. For more than three decades, Zig Ziglar, one of the great ...