--- title: "Meaning & Key Takeaway of: If ignorance paid dividends most…" description: "\"If ignorance paid dividends most Americans could make a fortune out of what they don't know about economics\" — Luther H Hodges" image: "https://sms4smile.com/quotes/i/a4d/luther-h-hodges-258263_america-and-american_if-ignorance-paid-dividends-most-america_3120016.jpg" --- # If ignorance paid dividends most Americans could make a… ![“If ignorance paid dividends most Americans could make a fortune out of what they don't know about economics” quote by Luther H Hodges](https://sms4smile.com/quotes/i/a4d/luther-h-hodges-258263_america-and-american_if-ignorance-paid-dividends-most-america_3120016.jpg) [Download](https://sms4smile.com/quotes/i/a4d/luther-h-hodges-258263_america-and-american_if-ignorance-paid-dividends-most-america_3120016.jpg) [Open image](https://sms4smile.com/quotes/i/a4d/luther-h-hodges-258263_america-and-american_if-ignorance-paid-dividends-most-america_3120016.jpg) > “If ignorance paid dividends most Americans could make a fortune out of what they don't know about economics” Luther H Hodges ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Highlights how ignorance can be financially rewarding if people profit from lack of economic knowledge, encouraging critical awareness. **In simple terms:** Ignorance can be profitable if you exploit it. Key Takeaway Seek economic literacy to avoid being exploited. Themes economics ignorance financial literacy America risk Mood cautious critical inquisitive Type America and americans:1 Fortune:0 Ignorance:1 Know Economics:0 Ignorance Paid:0 Americans Make:0 Dividends Americans:0 When to use this quote - personal finance - policy making - education - media consumption Key Concepts behavioral economics information asymmetry exploitation Questions to Reflect On - How does ignorance shape economic outcomes? - What can be done to reduce knowledge gaps? A Different Perspective Ignorance may mask systemic issues that need structural solutions. ★ ★ ★ ★ ★ No ratings yet [America and americans](https://sms4smile.com/quotes/about/america-and-americans/) [Fortune](https://sms4smile.com/quotes/about/fortune/) [Ignorance](https://sms4smile.com/quotes/about/ignorance/) ## Related quotes > [“Again, those also who are ignorant of legal regulations which they are bound to know, and which are not hard to know, they chastise;…](https://sms4smile.com/quotes/aristotle/again-those-also-who-are-ignorant-of-legal-regulations-which-they-are/) [Aristotle](https://sms4smile.com/quotes/author/aristotle/) > [“When society deliberately cultivated ignorance, they paid the price.”](https://sms4smile.com/quotes/roseanna-m-white/when-society-deliberately-cultivated-ignorance-they-paid-the-price/) [Roseanna M. White](https://sms4smile.com/quotes/author/roseanna-m-white/) > [“Most of the people in the world are poor, so if we knew the economics of being poor we would know much of the…](https://sms4smile.com/quotes/t-w-e-roche/most-of-the-people-in-the-world-are-poor-so-if-we-knew-the-economics/) T. W. E Roche > [Litmus test: If you can't describe Ricardo's Law of Comparative Advantage and explain why people find it counterintuitive, you don't know enough about economics…](https://sms4smile.com/quotes/eliezer-yudkowsky/litmus-test-if-you-can-t-describe-ricardo-s-law-of-comparative/) [Eliezer Yudkowsky](https://sms4smile.com/quotes/author/eliezer-yudkowsky/) > [I do know enough about economics - and so do you - to understand that the 'stimulus program' of Barack Obama and his ravenous…](https://sms4smile.com/quotes/l-neil-smith/i-do-know-enough-about-economics-and-so-do-you-to-understand-that-the/) [L. Neil Smith](https://sms4smile.com/quotes/author/l-neil-smith/) > [Economists tend to think they are much, much smarter than historians, than everybody. And this is a bit too much because at the end…](https://sms4smile.com/quotes/thomas-piketty/economists-tend-to-think-they-are-much-much-smarter-than-historians/) [Thomas Piketty](https://sms4smile.com/quotes/author/thomas-piketty/) > [Let's make what Americans buy. Buy what Americans make. And sell it to the world.](https://sms4smile.com/quotes/rick-perry/let-s-make-what-americans-buy-buy-what-americans-make-and-sell-it-to/) [Rick Perry](https://sms4smile.com/quotes/author/rick-perry/) > [Let's face it, we're not about to earn our way to wealth. That's a mistake millions of Americans make. We think that if we…](https://sms4smile.com/quotes/tony-robbins/let-s-face-it-we-re-not-about-to-earn-our-way-to-wealth-that-s-a/) [Tony Robbins](https://sms4smile.com/quotes/author/tony-robbins/) > [The Americans make associations to give entertainment, to found seminaries, to build inns, to construct churches, to diffuse books, to send missionaries to the…](https://sms4smile.com/quotes/alexis-de-tocqueville/the-americans-make-associations-to-give-entertainment-to-found/) [Alexis de Tocqueville](https://sms4smile.com/quotes/author/alexis-de-tocqueville/) > [I like Americans. They always make an effort when they meet you. They want to be liked and to like you; it is always…](https://sms4smile.com/quotes/maria-schell/i-like-americans-they-always-make-an-effort-when-they-meet-you-they/) Maria Schell > [We have to get the tax revenues up. That means we have to get back to a healthy American economy, grow the economy so…](https://sms4smile.com/quotes/mick-mulvaney/we-have-to-get-the-tax-revenues-up-that-means-we-have-to-get-back-to/) [Mick Mulvaney](https://sms4smile.com/quotes/author/mick-mulvaney/) > [Koch companies employ 60,000 Americans, who make many thousands of products that Americans want and need.](https://sms4smile.com/quotes/charles-koch/koch-companies-employ-60-000-americans-who-make-many-thousands-of/) [Charles Koch](https://sms4smile.com/quotes/author/charles-koch/) > [I would like Americans to make things with their hands. Thomas Jefferson and I feel that makes for a much stronger nation.](https://sms4smile.com/quotes/nick-offerman/i-would-like-americans-to-make-things-with-their-hands-thomas/) [Nick Offerman](https://sms4smile.com/quotes/author/nick-offerman/) > [We've created more wealth in the past 30 years than the rest of human of human history combined. But half of Americans make less…](https://sms4smile.com/quotes/david-rolf/we-ve-created-more-wealth-in-the-past-30-years-than-the-rest-of-human/) [David Rolf](https://sms4smile.com/quotes/author/david-rolf/) > [Whites have more than eleven times the net worth or wealth of African Americans. They make greater salaries. Our unemployment rate is twice theirs.…](https://sms4smile.com/quotes/randall-robinson/whites-have-more-than-eleven-times-the-net-worth-or-wealth-of-african/) [Randall Robinson](https://sms4smile.com/quotes/author/randall-robinson/) ## More America and americans quotes > [I doubt that we Americans can come to terms with our money neuroses without understanding the more florid pathology of the very rich for…](https://sms4smile.com/quotes/philip-slater/i-doubt-that-we-americans-can-come-to-terms-with-our-money-neuroses/) [Philip Slater](https://sms4smile.com/quotes/author/philip-slater/) > [My grandparents on my fathers side come to America from Germany, so that made them, German-American. My grandparents on my mothers side came to…](https://sms4smile.com/quotes/david-kreger/my-grandparents-on-my-fathers-side-come-to-america-from-germany-so/) [David Kreger](https://sms4smile.com/quotes/author/david-kreger/) > [Wake up and smell the facism; The biggests terrorists are not on the streets they are in Government.](https://sms4smile.com/quotes/wandini/wake-up-and-smell-the-facism-the-biggests-terrorists-are-not-on-the/) [Wandini](https://sms4smile.com/quotes/author/wandini/) > [There is truth in the reply of a great lawyer when asked how the lawyers who formed the United States Constitution had such a…](https://sms4smile.com/quotes/wallace-stevens/there-is-truth-in-the-reply-of-a-great-lawyer-when-asked-how-the/) [Wallace Stevens](https://sms4smile.com/quotes/author/wallace-stevens/) > [I moved to New York City for my health. I'm paranoid and it was the only place where my fears were justified.](https://sms4smile.com/quotes/anita-weiss/i-moved-to-new-york-city-for-my-health-i-m-paranoid-and-it-was-the/) Anita Weiss > [The United States has been declared under martial law...All constitutional rights have been suspended. Anyone interfering with the collection of urine samples will be…](https://sms4smile.com/quotes/jello-biafra/the-united-states-has-been-declared-under-martial-law-all/) [Jello Biafra](https://sms4smile.com/quotes/author/jello-biafra/) > [I hope we don't lose in America this demand that those of us who want this office must be prepared not to handle the…](https://sms4smile.com/quotes/walter-h-pater/i-hope-we-don-t-lose-in-america-this-demand-that-those-of-us-who-want/) Walter H Pater > [When any one State in the American Union refuses obedience to the Confederation by which they have bound themselves, the rest have a natural…](https://sms4smile.com/quotes/thomas-jefferson/when-any-one-state-in-the-american-union-refuses-obedience-to-the/) [Thomas Jefferson](https://sms4smile.com/quotes/author/thomas-jefferson/) > [Unless Americans come to realize that they are not stronger in the world because they have the bomb but weaker because of their vulnerability…](https://sms4smile.com/quotes/albert-einstein/unless-americans-come-to-realize-that-they-are-not-stronger-in-the/) [Albert Einstein](https://sms4smile.com/quotes/author/albert-einstein/) > [The Almighty Dollar, that great object of universal devotion throughout our land.](https://sms4smile.com/quotes/washington-irving/the-almighty-dollar-that-great-object-of-universal-devotion/) [Washington Irving](https://sms4smile.com/quotes/author/washington-irving/) > [When the war closed we were challenged with a peace-time choice between the American system of rugged individualism and a European philosophy of diametrically…](https://sms4smile.com/quotes/herbert-hoover/when-the-war-closed-we-were-challenged-with-a-peace-time-choice/) [Herbert Hoover](https://sms4smile.com/quotes/author/herbert-hoover/) > [The income tax has made more liars out of the American people than golf has. Even when you make a tax form out on…](https://sms4smile.com/quotes/will-rogers/the-income-tax-has-made-more-liars-out-of-the-american-people-than/) [Will Rogers](https://sms4smile.com/quotes/author/will-rogers/) > [People who practice freedom of expression are terrorizing our grammatical way of life.](https://sms4smile.com/quotes/benson-bruno/people-who-practice-freedom-of-expression-are-terrorizing-our/) [Benson Bruno](https://sms4smile.com/quotes/author/benson-bruno/) > [I hate this "crime doesn't pay" stuff. Crime in the United States is perhaps one of the biggest businesses in the world today.](https://sms4smile.com/quotes/peter-kirk/i-hate-this-crime-doesn-t-pay-stuff-crime-in-the-united-states-is/) Peter Kirk > [The American idea is a free church in a free state, and a free and unsectarian public school in every ward and every village…](https://sms4smile.com/quotes/henry-cabot-lodge/the-american-idea-is-a-free-church-in-a-free-state-and-a-free-and/) [Henry Cabot Lodge](https://sms4smile.com/quotes/author/henry-cabot-lodge/) [Browse all 60 America and americans quotes ](https://sms4smile.com/quotes/about/america-and-americans/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "If ignorance paid dividends most Americans could make a fortune out of what they don't know about economics", "creator": { "@type": "Person", "name": "Luther H Hodges" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/luther-h-hodges/if-ignorance-paid-dividends-most-americans-could-make-a-fortune-out/", "about": { "@type": "Thing", "name": "America and americans" }, "@id": "https://sms4smile.com/quotes/luther-h-hodges/if-ignorance-paid-dividends-most-americans-could-make-a-fortune-out/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/a4d/luther-h-hodges-258263_america-and-american_if-ignorance-paid-dividends-most-america_3120016.jpg", "contentUrl": "https://sms4smile.com/quotes/i/a4d/luther-h-hodges-258263_america-and-american_if-ignorance-paid-dividends-most-america_3120016.jpg", "url": "https://sms4smile.com/quotes/i/a4d/luther-h-hodges-258263_america-and-american_if-ignorance-paid-dividends-most-america_3120016.jpg", "width": 1080, "height": 1080, "caption": "“If ignorance paid dividends most Americans could make a fortune out of what they don't know about economics” — Luther H Hodges", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "Luther H Hodges", "item": "https://sms4smile.com/quotes/author/luther-h-hodges/" }, { "@type": "ListItem", "position": 4, "name": "If ignorance paid dividends most Americans...", "item": "https://sms4smile.com/quotes/luther-h-hodges/if-ignorance-paid-dividends-most-americans-could-make-a-fortune-out/" } ], "@id": "https://sms4smile.com/quotes/luther-h-hodges/if-ignorance-paid-dividends-most-americans-could-make-a-fortune-out/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```