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“A robber who justified his theft by saying that he really helped his victims, by his spending giving a boost to retail trade, would find few converts; but when this theory is clothed in Keynesian equations and impressive references to the 'multiplier effect,' it unfortunately carries more conviction.”
About This Quote
Justifying theft as helping victims is weak; Keynesian arguments sound convincing but lack moral weight.
In simple terms: Moral justification fails.
Key Takeaway
Question economic rationales for wrongdoing.
Themes
ethics
economics
justification
Mood
critical
analytical
Type
philosophical
advice
When to use this quote
- policy debate
- public discourse
- ethical training
Key Concepts
moral philosophy
economic theory
Questions to Reflect On
- How do you evaluate moral claims?
- What role do economics play in ethics?
A Different Perspective
Economic arguments can mask unethical acts.
