Democracy Quote by Benjamin Graham
“The Reservoir plan is an engineering mechanism applied to the field of economics, and in its essence it has nothing to do with democracy or any other political philosophy.”
About This Quote
Source Book: “The Intelligent Investor”, 1949
The Reservoir plan is an economic tool, unrelated to democracy.
In simple terms: Economic tools are neutral.
Key Takeaway
Separate economics from politics.
Themes
economics
policy
neutrality
Mood
analytical
neutral
Type
statement
educational
When to use this quote
- investment strategy
- government regulation
- public debate
- academic study
Key Concepts
financial theory
public policy
Questions to Reflect On
- How do economic models affect societies?
- Should economics be apolitical?
A Different Perspective
Political context can influence outcomes.
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