Skip to content

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.” quote by Deirdre N. McCloskey
Download Open image
““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.””

Deirdre N. McCloskey

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.

Key Takeaway

Judge actions, not outcomes.

Themes

ethics economics envy social judgment

Mood

thoughtful critical

Type

analytical philosophical

When to use this quote

  • investment decisions
  • personal budgeting
  • policy debates
  • ethical education

Key Concepts

moral relativism market dynamics psychology

Questions to Reflect On

  • Is all trade beneficial?
  • How does envy shape our moral judgments?
A Different Perspective

It may overlook systemic harms caused by unchecked profit motives.

3.9 out of 5 (7 ratings)

More Philosophy quotes

Browse all 17,410 Philosophy quotes