The New Economics


The New Economics for Industry, Government, Education

by W. Edwards Deming

Deming is a legendary name in quality management, especially in Japan through his consulting work with Japanese industry from 1950 onward. He died in 1993 at age 93 before the second edition of this book went to press.

“This book is for people who are living under the tyranny of the prevailing style of management,” writes Deming in the preface. He has strong convictions, many of which are counter to conventional management thinking. Continue reading “The New Economics”