Ezra J. Mishan (November 15, 1917 - September 22, 2014) on Economics and Social Life(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 #3 on Economic Struggle Quotes >> Economics and Social Life
“...since the traffic problem is to be found largely within the cities, towns and suburbs, and the problem is, therefore, one of social welfare in general, the transport economist, as it happens, is not the man to consult. For the transport economist addresses himself in the main to the mutual frustration experienced by the increasing traffic; that is, only to those external diseconomies that additional traffic impose on existing traffic, and not with costs imposed by traffic as a whole on the rest of society.”
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 97.
"The Costs of Economic Growth," by Ezra J. Mishan, Frederick A. Praeger Publishers, New York, Washington, 1967.
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