Better Quote by James Tobin
“At the same time it offered the hope, as it still does, that improved understanding could better the lot of mankind. For me, growing up in the 1930s, the two motivations powerfully reinforced each other.”
About This Quote
Source Book: The Economics of Money, Banking, and Financial Markets, 1969
Optimism that deeper knowledge can improve humanity, especially during formative years.
In simple terms: Understanding can improve humanity.
Pursue knowledge for societal benefit.
Themes
Mood
Type
When to use this quote
- policy making
- academic research
- personal development
Key Concepts
Questions to Reflect On
- How can we ensure knowledge translates to action?
- What barriers exist?
Knowledge alone may not solve all problems.