A review by grandrevans
Small Is Beautiful: Economics as if People Mattered by Ernst F. Schumacher

4.0

It's been too long since I've read this to write a proper review. Perhaps I'll read it again someday and rewrite this. For now, I'll just say that this book remains relevant. We need an economic system that treats human lives—and the earth itself, the ecosystems that sustain us—as more valuable than gold.

My one disappointment with this book is that the economic projections are very much a product of their time. Schumacher's calculations were made in the '70s, and the sad truth is that it turns out he was *under* estimating the effects of exploitative resource management, pollution, overpopulation, and dehumanization. I'd love to see a new edition with footnotes that compare his figures to current statistics.

Bottom line: this is an important book that has sadly fallen to the wayside. We need more economists like E.F. Schumacher.