Economic Quote by Robert H. Frank
“When the economic pie grows larger, it's always possible for everyone to have a larger slice than before. So it's really in all of our interest to make the economic pie larger by eliminating waste whenever and wherever possible.”
About This Quote
Source Book: The Economic Naturalist, 2007
Increasing the total economic output makes larger shares possible for everyone, so reducing waste benefits all.
In simple terms: More overall wealth lets everyone get a bigger piece.
Key Takeaway
Eliminate waste to grow the pie.
Themes
economics
efficiency
shared prosperity
Mood
optimistic
analytical
Type
economic
strategic
When to use this quote
- business strategy
- government budgeting
- environmental sustainability
Key Concepts
public policy
resource management
Questions to Reflect On
- What waste can you cut in your work?
- How does larger productivity affect inequality?
A Different Perspective
Growth may not be evenly distributed without fair policies.
![“Just between you and me, shouldn’t the World Bank be encouraging MORE migration of the dirty industries to the LDCs [Less Developed Countries]?... I think the economic logic behind dumping a load of toxic waste in the lowest wage country is impeccable and we should face up to that... I’ve always…” quote by Lawrence Summers](https://sms4smile.com/quotes/img-quotes/ac4/lawrence-summers-16940_air_just-between-you-and-me-shouldn-t-the-wo_4703.jpg)
