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Economics Quote by L. Ron Hubbard

“Today almost any person has a present time problem, growing more pressing as time goes on and as our society evolves. It is a simple question: 'How can I live?’ The answer to this question in a broad general way can be found by attaining an understanding of a subject called Economics.” quote by L. Ron Hubbard
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““Today almost any person has a present time problem, growing more pressing as time goes on and as our society evolves. It is a simple question: 'How can I live?’ The answer to this question in a broad general way can be found by attaining an understanding of a subject called Economics.””

L. Ron Hubbard

About This Quote

Source Lecture: Economics and Life, L. Ron Hubbard, 1972

Understanding economics provides a framework for answering how to live in a changing society.

In simple terms: Economics helps answer how to live.

Key Takeaway

Study basic economics to guide life decisions.

Themes

economics life purpose societal change decision‑making education

Mood

analytical pragmatic inspirational

Type

educational philosophical

When to use this quote

  • career planning
  • public policy
  • personal budgeting
  • education programs

Key Concepts

resource allocation utility systems thinking personal finance

Questions to Reflect On

  • How does economic knowledge shape personal values?
  • What non‑economic factors are essential for a fulfilling life?
A Different Perspective

Economics alone may not address moral or emotional aspects of life.

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