Economics Quote by Justin Lee Riner
“The economy went down when people started inventing bullshit stuff we don't even need to survive.”
About This Quote
Source Interview: Justin Lee Riner on economic trends, 2023
When unnecessary inventions dominate, they drag down the economy by diverting resources from essential needs.
In simple terms: Useless inventions hurt the economy.
Focus on essentials.
Themes
Mood
Type
When to use this quote
- business strategy
- policy making
- personal finance
Key Concepts
Questions to Reflect On
- Are all new products wasteful?
- How to balance novelty with necessity?
Innovation can also create new markets and jobs.