Economics Quote by Daniel Hannan
“You cannot carry on forever squeezing the productive bit of the economy in order to fund an unprecedented engorgement of the unproductive bit.”
About This Quote
Source Speech: Economic Policy Forum, 2015
Critiques endless economic growth by highlighting the imbalance between productive and unproductive sectors.
In simple terms: Growth should balance productivity and consumption.
Seek sustainable economic balance.
Themes
Mood
Type
When to use this quote
- budget planning
- government policy
- business strategy
Key Concepts
Questions to Reflect On
- What defines productive vs unproductive sectors?
- How can policy address this imbalance?
Oversimplifies complex economic dynamics.