Key Facts and Insights from "Small Is Beautiful - Economics as if People Mattered"
- The central idea of the book is that economic growth and development should not be pursued at the expense of human well-being and the environment.
- E.F. Schumacher advocates for a 'Buddhist economics' approach, which emphasizes simplicity, non-violence, and harmonious living.
- The book criticizes conventional economics for its narrow focus on quantitative growth and its ignorance of qualitative development.
- It posits that bigger is not always better, and that small-scale, local production can often be more sustainable and human-centered.
- The book questions the ethics of...