Economy of permanence

The most sustainable economy would be one in which the goods consumed in a region are produced in the same region using local resources and local labor. Ernest Fritz Schumacher referred to such a system as “an economy of permanence.”

Illustration from the book of Economy of permanence, a bee collecting nectar
















More about E.F. Schumacher who coined this term:

Kumarappa was a close associate of Gandhiji and a firm believer in the theory the village must be made the focus of economic planning. Aware of the dangers of unchecked industrialisation. You can read his book here:


Bird feeding its little ones- black and white illustration