About Quote by Noreena Hertz
“What about those who help growth indirectly, those who stay at home and look after others - mothers, carers of elderly parents or sick relatives who save the state millions of pounds annually. What is their worth? How is their value to be determined?”
About This Quote
Source Speech: Public Lecture, Noreena Hertz, 2015
Unpaid caregiving creates massive economic value yet is often invisible in traditional metrics.
In simple terms: Caregivers provide huge unseen economic benefit.
Key Takeaway
Recognize and compensate unpaid caregivers.
Themes
economics
gender
social policy
caregiving
valuation
Mood
reflective
concerned
Type
analytical
advocacy
When to use this quote
- policy design
- tax incentives
- public awareness campaigns
- corporate CSR
- family budgeting
Key Concepts
externalities
human capital
social value
Questions to Reflect On
- How can societies better measure unpaid care work?
- What policies could ensure fair compensation?
A Different Perspective
Quantifying care value is complex and may vary across cultures.
