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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.” quote by Calvin Coolidge
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“I favor the policy of economy, not because I wish to save money, but because I wish to save people.”

Calvin Coolidge

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.

Key Takeaway

Prioritize human welfare over financial efficiency.

Themes

ethics public policy economics leadership human welfare

Mood

concerned determined pragmatic

Type

ethical policy inspirational

When to use this quote

  • government budgeting
  • healthcare reform
  • disaster relief planning
  • social program design

Key Concepts

cost‑benefit analysis human-centered policy social responsibility

Questions to Reflect On

  • What policies best balance cost and human safety?
  • How can leaders measure the value of lives saved?
A Different Perspective

Balancing budgets with human needs can be politically contentious.

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