Toward an Extension and Revision of the Concept of Waste

Henry Winnthrop

American Journal of Economics and Sociology, 1980, vol. 39, issue 3, 273-287

Abstract: Abstract. Conventionally, the concept of waste has been used largely to indicate physical waste, which itself is of enormous magnitude. Sometimes non‐physical waste is included. But some forms, like the waste of time, talents and career opportunities, are not ordinarily thought of as waste, nor are such wastes as arise, for example, from avoidable economic errors or managerial misjudgments. The concept requires considerable extension and substantial revision if wastes are to be prevented through management expertise and use of standard methodologies in the management sciences. For the number of new forms of non‐physical waste, of which many examples are cited, is legion.

Date: 1980
References: Add references at CitEc
Citations:

Downloads: (external link)
https://doi.org/10.1111/j.1536-7150.1980.tb01278.x

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:ajecsc:v:39:y:1980:i:3:p:273-287

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0002-9246

Access Statistics for this article

American Journal of Economics and Sociology is currently edited by Laurence S. Moss

More articles in American Journal of Economics and Sociology from Wiley Blackwell
Bibliographic data for series maintained by Wiley Content Delivery ().