Small Is Beautiful - Economics as if People Mattered

Key Facts and Insights from "Small Is Beautiful - Economics as if People Mattered"

1. 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.
2. E.F. Schumacher advocates for a 'Buddhist economics' approach, which emphasizes simplicity, non-violence, and harmonious living.
3. The book criticizes conventional economics for its narrow focus on quantitative growth and its ignorance of qualitative development.
4. It posits that bigger is not always better, and that small-scale, local production can often be more sustainable and human-centered.
5. The book questions the ethics of...

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