Ezra J. Mishan (November 15, 1917 - September 22, 2014) on Economics and Competition(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 #5 on Economic Struggle Quotes >> Economics and Competition
“Undergraduate economists learn in their first year that the private enterprise system is a marvelous mechanism. By their third year, it is to be hoped, they have come to learn also that there is a great deal it cannot do, and much that it does very badly.”
Source: "The Costs of Economic Growth," by Ezra J. Mishan, Frederick A. Praeger Publishers, New York, Washington, 1967. Part One, Chapter 1: Growthmania, Page 5.
"The Costs of Economic Growth," by Ezra J. Mishan, Frederick A. Praeger Publishers, New York, Washington, 1967.
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