Philosophy Quote by Deirdre N. McCloskey
““That businesspeople buy low and sell high in a particularly alert and advantageous way does not make them bad unless all trading is bad, unless when you yourself shop prudently you are bad, unless any tall poppy needs to be cut down, unless we wish to run our ethical lives on the sin of envy.””
About This Quote
Source Book: The Economic Worldview, 1990
The quote argues that profit‑seeking behavior isn’t inherently immoral; only when all exchange is condemned does it become ethically problematic, and it warns against envy‑driven judgments.
In simple terms: Making profit isn’t automatically bad; context matters.
Judge actions, not outcomes.
Themes
Mood
Type
When to use this quote
- investment decisions
- personal budgeting
- policy debates
- ethical education
Key Concepts
Questions to Reflect On
- Is all trade beneficial?
- How does envy shape our moral judgments?
It may overlook systemic harms caused by unchecked profit motives.