Economics Quote by Calvin Coolidge
“I favor the policy of economy, not because I wish to save money, but because I wish to save people.”
About This Quote
Source Speech: Public address, 1925
Coolidge suggests that economic policies should be judged by their ability to protect lives, not merely by cost savings.
In simple terms: Saving money is good, but saving lives is better.
Prioritize human welfare over financial efficiency.
Themes
Mood
Type
When to use this quote
- government budgeting
- healthcare reform
- disaster relief planning
- social program design
Key Concepts
Questions to Reflect On
- What policies best balance cost and human safety?
- How can leaders measure the value of lives saved?
Balancing budgets with human needs can be politically contentious.