The collection of lectures and publications from the Schumacher Center for a New Economics represents some of the foremost voices on a new economics.

"The answer to all questions underlying all our problems today is the size factor—not unemployment, not warfare, not juvenile delinquency, not business fluctuation, not Black Mondays, Black Fridays, or Black Tuesdays." According to Leopold Kohr we must reduce the huge size of modern nations in order to reduce their negative consequences. Using anecdotes and analogies Kohr shows why small is beautiful. Just as the small size of a harbor will diminish the power of great swells arriving from the open ocean, so can small communities lessen the impact of our global society's ocean-sized operations. This is the "harbor philosophy"; its application, says Kohr, is "the only prospect that will enable human society to survive."