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A Note on Obsolescence. ESRI Memorandum Series No. 47 1966(?)

Geary, R.C. (1966) A Note on Obsolescence. ESRI Memorandum Series No. 47 1966(?). [Policy Paper]

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    Armchair economists (those who evolve their hypo­theses as to the behaviour of businessmen from their inner consciousness, instead of going to the market place and finding out) are wont to be impatient at the slowness of change for the better in economic behaviour, in particular at the length of time which elapses in the general adoption of improved technology, the reluctance of in­dustrialists to change old machines and old ways. The present note is also an armchair exercise, but at least it is informed by the philosophy that there are usually good reasons why things are as they are; that we have no right rationally to advocate change "for the better" until we are aware of these reasons.

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    Item Type: Policy Paper
    Subjects for non-EU documents: Countries > Ireland
    EU policies and themes > Policies & related activities > economic and financial affairs > general
    Subjects for EU documents: UNSPECIFIED
    EU Series and Periodicals: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Series > Economic and Social Research Institute (ESRI), Dublin > ESRI Memorandum Series
    Depositing User: Alyssa McDonald
    Official EU Document: No
    Language: English
    Date Deposited: 14 Jul 2017 19:08
    Number of Pages: 6
    Last Modified: 14 Jul 2017 19:08

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