Category Archives: E. F. Schumacher

E. F. Schumacher

We produce in order to be able to afford certain amenities and comforts as “consumers”. If, however, somebody demanded these same amenities and comforts while he was engaged in “production”, he would be told that this would be uneconomic, that it would be inefficient, and that society could not afford such inefficiency.

E. F. Schumacher, Small is Beautiful: Economics as if People Mattered, London, 1974, p. 87