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There is no economic problem and, in a sense, there never has been.

E. F. Schumacher

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E. F. Schumacher
Age: 66 †
Born: 1911
Born: August 16
Died: 1977
Died: September 4
Economist
Philosopher
Statistician
Bonn
Germany
Ernst Friedrich Schumacher
Sense
Problem
Never
Economic

More quotes by E. F. Schumacher

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The modern world tends to be skeptical about everything that makes demands on man's higher faculties. But it is not at all skeptical about skepticism, which demands hardly anything.
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Any intelligent fool can invent further complications, but it takes a genius to retain, or recapture, simplicity.
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The richer a society, the more impossible it becomes to do worthwhile things without immediate pay-off.
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It might be said that it is the ideal of the employer to have production without employees and the ideal of the employee is to have income without work.
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Work and leisure are complementary parts of the same living process and cannot be separated without destroying the joy of work and the bliss of leisure.
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Real life consists of the tensions produced by the incompatibility of opposites, each of which is needed
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Man is small, and, therefore, small is beautiful.
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The fundamental task is to achieve smallness within large organisation.
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The substance of man cannot be measured by Gross National Product.
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There is incredible generosity in the potentialities of Nature. We only have to discover how to utilize them.
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Nobody really likes large-scale organizations nobody likes to take orders from a superior who takes orders from a superior who takes orders.
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The purpose of work is to give people a chance to utilize and develop their faculties to enable them to overcome their ego-centeredness by joining others in a common task and to bring for the goods and services needed for a becoming existence.
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Wisdom demands a new orientation of science and technology toward the organic, the gentle, the elegant and beautiful.
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The system of nature, of which man is a part, tends to be self-balancing, self-adjusting, self-cleansing. Not so with technology.
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No one is really working for peace unless he is working primarily for the restoration of wisdom.
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The technology of mass production is inherently violent, ecologically damaging, self-defeating in terms of non-renewable resources, and stultifying for the human person.
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I think I should not go far wrong if I asserted that the amount of genuine leisure available in a society is generally in inverse proportion to the amount of labor-saving machinery it employs.
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Modern economic thinking...is peculiarly unable to consider the long term and to appreciate man's dependence on the natural world.
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There can be nothing sacred in something that has a price.
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Our intentions tend to be much more real to us than our actions, and this can lead to a great deal of misunderstanding with other people, to whom our actions tend to be much more real than our intentions.
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