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Author : Ezra J. Mishan

 : Costs of Economic Growth

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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.


     From : Part Two, Chapter 8: External Diseconomies and Separate Facilities, Page 93.

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     6 -- Added : April 15, 2020

     6 -- Updated : July 10, 2022

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