Abstraction Quote by John Bruton
“The economy is not an abstraction. The economy consists of people, and it will only grow if people feel secure and are reasonably free.”
About This Quote
Source Speech: Economic Policy Address, 2002
The economy is a human system; growth depends on people feeling safe and free.
In simple terms: Economy works when people feel secure and free.
Key Takeaway
Promote security and freedom for economic growth.
Themes
economy
security
freedom
Mood
thoughtful
serious
Type
policy
philosophical
When to use this quote
- policy making
- business development
- community planning
- education reform
Key Concepts
human capital
social welfare
Questions to Reflect On
- What policies best balance security and liberty?
- How does personal freedom affect economic productivity?
A Different Perspective
Security alone may not guarantee growth without innovation.
![“I'd say that [Louis] Brandeis practiced a kind of a "living originalism," to use the title of Jack Balkin's great book. He said you start with the paradigm case, which in the case of the Fourth Amendment was these general warrants or writs of assistance, but you define it at a level of abstraction…” quote by Jeffrey Rosen](https://sms4smile.com/quotes/img-quotes/aeb/jeffrey-rosen-13180_abstraction_i-d-say-that-louis-brandeis-practiced-a_73138.jpg)
