The first essential for economists ... is to ... combat…
“The first essential for economists ... is to ... combat, not foster, the ideology which pretends that values which can be measured in terms of money are the only ones that ought to count.”
About This Quote
This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.
Economists should challenge the belief that only monetary values matter, rejecting that narrow ideology.
In simple terms: Question money as the sole value.
Key Takeaway
Question monetary bias.
Themes
economics
values
ethics
Mood
critical
thoughtful
Type
analytical
philosophical
When to use this quote
- policy analysis
- academic debate
- public discourse
- business decision making
Key Concepts
monetary bias
ethical critique
Questions to Reflect On
- How can non‑monetary values be quantified?
- What policies reflect broader values?
A Different Perspective
Monetary metrics still dominate many decisions.