Ezra J. Mishan (November 15, 1917 - September 22, 2014) on Economics and Depressions(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 #7 on Economic Struggle Quotes >> Economics and Depressions
“...an unchanged pattern of wants would hardly suffice to absorb the rapid growth in the flow of consumer goods coming on to the markets of rich countries, the US in particular, without the pressure afforded by sustained advertising.”
Source: "The Costs of Economic Growth," by Ezra J. Mishan, Frederick A. Praeger Publishers, New York, Washington, 1967. Part Three, Chapter 10: The Myth of Consumers' Sovereignty, Page 111.
"The Costs of Economic Growth," by Ezra J. Mishan, Frederick A. Praeger Publishers, New York, Washington, 1967.
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