--- title: "Meaning & Key Takeaway of: Economics is a political argument. It is…" description: "\"“Economics is a political argument. It is not – and can never be – a science; there are no objective truths in economics that can be established indepe..." image: "https://sms4smile.com/quotes/i/72b/ha-joon-chang-3497_argument_economics-is-a-political-argument-it-is_1899395.png" --- # Economics is a political argument. It is not – and can… ![“Economics is a political argument. It is not – and can never be – a science; there are no objective truths in economics that can be established independently of political, and frequently moral, judgements. Therefore, when faced with an economic argument, you must ask the age-old question ‘Cui…” quote by Ha-Joon Chang](https://sms4smile.com/quotes/i/72b/ha-joon-chang-3497_argument_economics-is-a-political-argument-it-is_1899395.png) [Download](https://sms4smile.com/quotes/i/72b/ha-joon-chang-3497_argument_economics-is-a-political-argument-it-is_1899395.png) [Open image](https://sms4smile.com/quotes/i/72b/ha-joon-chang-3497_argument_economics-is-a-political-argument-it-is_1899395.png) > ““Economics is a political argument. It is not – and can never be – a science; there are no objective truths in economics that can be established independently of political, and frequently moral, judgements. Therefore, when faced with an economic argument, you must ask the age-old question ‘Cui bono?’ (Who benefits?), first made famous by the Roman statesman and orator Marcus Tullius Cicero.”” [Ha-Joon Chang](https://sms4smile.com/quotes/author/ha-joon-chang/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Economic claims are shaped by political and moral judgments; always question who benefits before accepting them. **In simple terms:** Economics is political. Key Takeaway Ask who benefits first. Themes economics politics ethics truth Mood critical inquisitive Type philosophical analytical When to use this quote - policy analysis - public debate - academic research - media reporting - investment decisions Key Concepts political economy normative analysis Questions to Reflect On - Who gains from this policy? - Can economics be neutral? A Different Perspective Pure objectivity is unattainable. ★ ★ ★ ★ ★ No ratings yet [Argument](https://sms4smile.com/quotes/about/argument/) [Economics](https://sms4smile.com/quotes/about/economics/) [Economy](https://sms4smile.com/quotes/about/economy/) [Politics](https://sms4smile.com/quotes/about/politics/) [Science](https://sms4smile.com/quotes/about/science/) [Truth](https://sms4smile.com/quotes/about/truth/) ## Related quotes > [Rent control is one policy that economists universally would oppose. It is a grossly inefficient way of allocating housing space and, of course, it…](https://sms4smile.com/quotes/james-m-buchanan/rent-control-is-one-policy-that-economists-universally-would-oppose/) [James M. 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