John Michael Greer on Ernst Friedrich Schumacher
A look at a man whose "insights have not lost any of their force with the passing years" and who "was decades ahead of his time in recognizing the imminence of peak oil and sketching the outlines of an economics that could make sense of a world facing the twilight of the age of cheap abundant energy" — A guide for the perplexed.
Most importantly, "Schumacher pointed out that the failures of contemporary economics could not be solved by improved mathematical models or more detailed statistics, because they were hardwired into the assumptions underlying economics itself."
Most importantly, "Schumacher pointed out that the failures of contemporary economics could not be solved by improved mathematical models or more detailed statistics, because they were hardwired into the assumptions underlying economics itself."
Labels: Albion, Deutschland, Distributivism, Peak Oil, The Dismal Science


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