E. F. Schumacher Quotes


Economic development is something much wider and deeper than economics, let alone econometrics. Its roots lie outside the economic sphere, in education, organisation, discipline and, beyond that, in political independence and a national consciousness of self-reliance.


Citations

Schumacher, E. F. Small Is Beautiful: Economics as if People Mattered. Harper & Row, 1973, p. 204.

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E. F. Schumacher
E. F. Schumacher
  • Born: August 16, 1911
  • Died: September 4, 1977
  • Nationality: English
  • Profession: Economist

Ernst Friedrich Schumacher CBE was a German-British statistician and economist who is best known for his proposals for human-scale, decentralised and appropriate technologies. He served as Chief Economic Advisor to the British National Coal Board from 1950 to 1970, and founded the Intermediate Technology Development Group (now known as Practical Action) in 1966.