Character Quote by Paul Krugman
“Economics is not a morality play.”
About This Quote
Source Essay: The Economist, 2010
Economic policies are driven by practical outcomes, not moral judgments.
In simple terms: Economics focuses on results, not ethics.
Key Takeaway
Separate analysis from moralizing.
Themes
economics
policy
objectivity
Mood
analytical
critical
Type
academic
philosophical
When to use this quote
- public policy
- business strategy
- academic research
Key Concepts
utilitarianism
normative theory
Questions to Reflect On
- Should economics be value‑free?
- When do ethics matter in policy?
A Different Perspective
Moral considerations can still influence decisions.
