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 #6 on Economic Struggle Quotes >> Economics and Consumerism
“Like the Americans, we in this country [Britain] are cultivating a dependence, perhaps as much psychological as economic, on the car industry and all its ramifications. Vested interests have grown and become formidable. They bar the road to consideration of all radical innovations that threaten their establishment.”
Source: "The Costs of Economic Growth," by Ezra J. Mishan, Frederick A. Praeger Publishers, New York, Washington, 1967. Part Two, Chapter 8: External Diseconomies and Separate Facilities, Page 93.
"The Costs of Economic Growth," by Ezra J. Mishan, Frederick A. Praeger Publishers, New York, Washington, 1967.
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