Ezra J. Mishan (November 15, 1917 - September 22, 2014) on School and The Establishment(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 Education Struggle Quotes >> School and The Establishment
“Whatever the value of economic analysis in its application to real problems, it lends no support to much of what we might call the folklore of economists. It is not possible, for instance, to make use of economic analysis to vindicate, with any pretense to generality, liberal presumptions in favor of freer trade, more competition, smaller public debt, or faster economic growth. Indeed such presumptions cannot be satisfactorily vindicated even by reference to fairly restricted premises about what matters.”
Source: "The Costs of Economic Growth," by Ezra J. Mishan, Frederick A. Praeger Publishers, New York, Washington, 1967. Part One, Preface, Page xi.
"The Costs of Economic Growth," by Ezra J. Mishan, Frederick A. Praeger Publishers, New York, Washington, 1967.
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