Absence Quote by Frank Knight
![“If all properly economic problems were solved once for all . . . the social struggle and strife would . . . [not necessarily] be reduced in amount or intensity . . . in the absence of some moral revolution which could by no means be assumed to follow in consequence of this change itself.” quote by Frank Knight](https://sms4smile.com/quotes/img-quotes/9c9/frank-knight-27388_absence_if-all-properly-economic-problems-were-s_2409466.jpg)
“If all properly economic problems were solved once for all . . . the social struggle and strife would . . . [not necessarily] be reduced in amount or intensity . . . in the absence of some moral revolution which could by no means be assumed to follow in consequence of this change itself.”
About This Quote
Source Book: Risk, Uncertainty and Profit, John Maynard Keynes, 1938
Economic solutions alone cannot eliminate social conflict without a moral transformation.
In simple terms: Money fixes’t solve social strife without moral change.
Key Takeaway
Address moral values alongside economics.
Themes
economics
morality
social conflict
philosophy
Mood
thoughtful
critical
Type
analytical
philosophical
When to use this quote
- policy reform
- community building
- education programs
- ethical leadership
Key Concepts
ethical theory
social dynamics
political economy
Questions to Reflect On
- How can moral education complement economic policy?
- What role do values play in social stability?
A Different Perspective
Economic fixes may ignore deeper ethical causes.
