Ernst Friedrich Schumacher was a German-British statistician and economist, known for his proposals for human-scale, decentralized and appropriate technologies. He served as Chief Economic Advisor to the British National Coal Board and founded the Intermediate Technology Development Group. His influential work, 'Small Is Beautiful', was published in 1973.
Ernst Friedrich Schumacher (1911 – 1977) was a German-British statistician and economist who is best known for his proposals for human-scale, decentralized and appropriate technologies. He served as Chief Economic Advisor to the British National Coal Board from 1950 to 1970, and founded the Intermediate Technology Development Group (now known as Practical Action) in 1966. His most influential work, ‘Small Is Beautiful: A Study of Economics As If People Mattered‘, was published in 1973.
The most striking about modern industry is that it requires so much and accomplishes so little. Modern industry seems to be inefficient to a degree that surpasses one’s ordinary powers of imagination. Its inefficiency therefore remains unnoticed.
