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Economic growth Quote by Michael R. Bloomberg

“Instead of arguing about making sacrifices, let’s talk about how we can make money. Instead of pitting the environment versus the economy, let’s consider market principles and economic growth. Instead of focusing on polar bears, let’s focus on asthmatic children. And instead of putting all hope in…” quote by Michael R. Bloomberg
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““Instead of arguing about making sacrifices, let’s talk about how we can make money. Instead of pitting the environment versus the economy, let’s consider market principles and economic growth. Instead of focusing on polar bears, let’s focus on asthmatic children. And instead of putting all hope in the federal government, let’s empower cities, regions, businesses, and citizens to accelerate the progress they are already making on their own.””

Michael R. Bloomberg

About This Quote

Source Speech: Bloomberg Economic Forum, 2020

Advocates shifting debate from moral arguments to pragmatic market‑based solutions for environmental and health challenges, emphasizing local empowerment over federal reliance.

In simple terms: Focus on market solutions and local action instead of abstract debates.

Key Takeaway

Use market tools and empower local actors.

Themes

economics environment public health governance innovation

Mood

optimistic pragmatic

Type

policy persuasive

When to use this quote

  • city planning
  • business development
  • health policy
  • environmental projects

Key Concepts

market mechanisms decentralization public‑private partnership

Questions to Reflect On

  • How can market incentives be designed to protect vulnerable groups?
  • What role should government still play in regulating markets?
A Different Perspective

May overlook systemic inequities that markets alone cannot address.

2.7 out of 5 (3 ratings)

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