E. J. Mishan
Encyclopedia
Ezra J. Mishan is an English economist best known for his work criticising economic growth
. Between 1956 and 1977 he worked at the London School of Economics
where he became Professor of Economics. In 1965, while at the LSE, he wrote his seminal work The Costs of Economic Growth, but was unable to find a publisher until 1967. In this work he expanded on his original 1960 thesis which stated that the “precondition of sustained growth is sustained discontent”, warning developing nations that “the thorny path to industrialisation leads, after all, only to the waste land of Subtopia”. The Costs of Economic Growth presaged many of the concerns of the Green movement
that followed.
Economic growth
In economics, economic growth is defined as the increasing capacity of the economy to satisfy the wants of goods and services of the members of society. Economic growth is enabled by increases in productivity, which lowers the inputs for a given amount of output. Lowered costs increase demand...
. Between 1956 and 1977 he worked at the London School of Economics
London School of Economics
The London School of Economics and Political Science is a public research university specialised in the social sciences located in London, United Kingdom, and a constituent college of the federal University of London...
where he became Professor of Economics. In 1965, while at the LSE, he wrote his seminal work The Costs of Economic Growth, but was unable to find a publisher until 1967. In this work he expanded on his original 1960 thesis which stated that the “precondition of sustained growth is sustained discontent”, warning developing nations that “the thorny path to industrialisation leads, after all, only to the waste land of Subtopia”. The Costs of Economic Growth presaged many of the concerns of the Green movement
Green politics
Green politics is a political ideology that aims for the creation of an ecologically sustainable society rooted in environmentalism, social liberalism, and grassroots democracy...
that followed.