Cause Quote by Paul Samuelson
“Every good cause is worth some inefficiency.”
About This Quote
Source Book: Economics: An Introductory Analysis, 1970
Good causes justify some inefficiency because perfect efficiency may undermine moral purpose.
In simple terms: Inefficiency is acceptable for worthwhile causes.
Key Takeaway
Accept limited waste for noble goals.
Themes
economics
ethics
public policy
Mood
analytical
pragmatic
Type
economic
ethical
When to use this quote
- non‑profit work
- government programs
- environmental initiatives
Key Concepts
Cost‑benefit analysis
moral trade‑offs
Questions to Reflect On
- When does inefficiency become harmful?
- How to measure acceptable waste?
A Different Perspective
Excessive inefficiency can erode credibility and resources.
![“When the economy was going up, [Milton Friedman and I] both gave the same advice, and when the economy was going down, we gave the same advice. But in between he didn't change his advice at all.” quote by Paul Samuelson](https://sms4smile.com/quotes/img-quotes/0e0/paul-samuelson-9078_advice_when-the-economy-was-going-up-milton-fri_107897.jpg)
