Quotessence
Home / Quotes / Quote by Ernst F. Schumacher

Quote by Ernst F. Schumacher

“In the current vocabulary of condemnation there are few words as final and conclusive as the word ‘uneconomic’. If an activity has been branded as uneconomic, its right to existence is not merely questioned but energetically denied. Anything that is found to be an impediment to economic growth is a shameful thing, and if people cling to it, they are thought of as either saboteurs or fools. Call a thing immoral or ugly, soul- destroying or a degradation of man, a peril to the peace of the world or to the well-being of future generations: as long as you have not shown it to be ‘uneconomic’ you have not really questioned its right to exist, grow, and prosper.”

Quote by Ernst F. Schumacher

Work

Small Is Beautiful: Economics as if People Mattered

Browse quotes and source details for this work. more

Author

Ernst F. Schumacher

Browse famous quotes and profile details for Ernst F. Schumacher. more

You May Also Like

“Fake it til you make it. Okay, here's the one to avoid. Attempt this bit of pop psychology at your peril. Originally an observation made by Aristotle, "Men acquire a particular quality by constantly acting a certain way," the modern version has become tainted by its suggested swagger, and if performed in that fashion can easily go wrong. The very notion of straying far from our real selves is at odds with the central premise of this book. Confidence isn't about pretending or putting on an act; it springs from the genuine accomplishment and work. Jenny Crocker told us, in fact, that not only does faking it not work as a confidence booster, but it almost certainly make us feel less secure, because knowingly masquerading as something we're not makes us anxious. Moreover, as good as we might be at faking it, we'll certainly project those subtle false signals described by Cameron Anderson, and that won't help us much, either. The appeal of faking it, if only for a while, is that it offers a crutch --a way to begin. Here's a better way to reframe the premise for a quick confidence jump start: Don't pretend to be anything or anyone -- simply take action. Do one small brave thing, and then enxt one will be easier, and soon confidence will flow. We know -- fake it till you make it sounds catchier -- but this actually works.”

“I had the luxury of knowing what I wanted to do. So I just sat on the bed and came up with a plan for myself: "I have to go to the Edinburgh Fringe. But I don't have the confidence to do a production there because I've never gone before, and I don't even know how to get there or what to do once I get there. So I will just act as if I do have the confidence to go to the Edinburgh Fringe. I'll just borrow confidence from a future version of myself. Once I've been to the Edinburgh Fringe and performed a show there, then I will have the confidence to go to the Edinburgh Fringe. I will go to the bank manager of confidence (in some part of my brain) and I will borrow that confidence from the future, and then I can wear it like a cloak, and I will talk to everyone with this confidence." It was out there as a concept, but it worked.”