In his 1973 book, Small is Beautiful: Economics as if People Mattered, E.F. Schumacher challenges our economic assumptions that more is better and bigger is more efficient. It has now been 42 years since Schumacher wrote his book and while there’s increased awareness of some of the issues he raised – inequality and environmental degradation among them – there seems to be no indication that these trends are going to reverse themselves anytime soon. To say that there’s still plenty of work to do is an understatement. Fortunately, there are some amazing people leading the way.
While in Connecticut visiting my family for the Christmas holiday, we took an economic pilgrimage to the nearby Schumacher Center for a New Economics located in the Berkshire Mountains. Continue reading