S01E07: SMALL IS BEAUTIFUL: E.F. SCHUMACHER

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Tom and I review one of the most influential books of 70’s, Small Is Beautiful, written by the economist E.F. Schumacher.

Schumacher’s central thesis is that the way we approach economics improves our living standards whilst degrading our culture.

In this episode, we explore several aspects of Schumacher’s thinking:
– Buddhist economics
– Education as our greatest asset
– Economic reductionism
– Man and machine
– The role of the State