Ezra J. Mishan (November 15, 1917 - September 22, 2014) on Class Warfare and Exploitation(published by RevoltSource) |
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English Economist best Known for his Work Criticising Economic Growth
: An English economist best known for his work criticising economic growth. Between 1956 and 1977 he worked at the London School of Economics where he became Professor of Economics. In 1965, while at the LSE, he wrote his seminal work The Costs of Economic Growth, but was unable to find a publisher until 1967. (From: Wikipedia.org.)
Quote #30 on Economic Struggle Quotes >> Class Warfare and Exploitation
“There is a marked reluctance in financial and government circles to face the fact that price stability is apparently inconsistent with a 98 percent level of employment, at least in the absence of near-total controls.”
Source: "The Costs of Economic Growth," by Ezra J. Mishan, Frederick A. Praeger Publishers, New York, Washington, 1967. Part Four, Chapter 13: Concluding Remarks, Page 170.
"The Costs of Economic Growth," by Ezra J. Mishan, Frederick A. Praeger Publishers, New York, Washington, 1967.
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