'A book of heart and hope and downright common sense about the future.' Daily Mail
A remarkable classic study of world economies, reissued to celebrate the centenary of E F Schumachers birth.
This remarkable book examines our modern economic system - its use of resources and impact on how we live - questioning whether they reflect what we truly care about.
The revolutionary ideas are as pertinent, inspirational and thought-provoking today as when they were first published in 1973.
For those to whom economics means a book filled with numbers, charts, graphs, and formulae, together with much heady discussion of abstract technicalities like the balance of payments and gross national product, this remarkable collection of essays is certain to come either as a shock or a relief. E. F. Schumacher's economics is not part of the dominant style.
On the contrary, his deliberate intention is to subvert 'economic science' by calling its every assumption into question, right down to its psychological and metaphysical foundations. Theodore Roszak
About the Author
Before the publication of Small is Beautiful, his bestselling reappraisal of Western economic attitudes, Dr E. F. Schumacher was already well known as an economist, journalist and progressive entrepreneur.
He was Economic Adviser to the National Coal Board from 1950 to 1970, and was also the originator of the concept of Intermediate Technology for developing countries and Founder and Chairman of the Intermediate Technology Development Group Ltd. He also served as President of the Soil Association (Britains largest organic farming organisation, founded thirty years ago) and as Director of the Scott-Bader Company (pathfinders in polymer chemistry and common ownership).
Born in Germany, he first came to England in 1930 as a Rhodes Scholar to study economics at New College, Oxford. Later, at the age of twenty-two, he taught economics at New College, Oxford.
Later, at the age of twenty-two, he taught economics at Columbia University, New York. As he found theorising without practical experience unsatisfying, he then went into business, farming and journalism. He resumed the academic life for a period at Oxford during the war, afterwards serving as Economic Adviser to the British Control Commission in Germany from 1946 to 1950. In later years, his advice on problems of rural development was sought by many overseas governments.
Dr Schumacher was awarded the CBE in 1974. He died in 1977.
To find out more about his legacy click on the E.F. Schumacher Society Website here...
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