Ezra J. Mishan (November 15, 1917 - September 22, 2014) on Economics and Consumerism(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 #10 on Economic Struggle Quotes >> Economics and Consumerism
“...consumers' surplus, when used as an index of the benefits to be derived from private automobile travel, may give perverse results...”
Source: "The Costs of Economic Growth," by Ezra J. Mishan, Frederick A. Praeger Publishers, New York, Washington, 1967. Part Four, Appendix C: A Note on the Interpretation of the Benefits of Private Transport, Page 183.
"The Costs of Economic Growth," by Ezra J. Mishan, Frederick A. Praeger Publishers, New York, Washington, 1967.
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