Skip to content

Accept Quote by Robert J. Shiller

“The desperately poor may accept handouts, because they feel they have to. For those who consider themselves at least middle class, however, anything that smacks of a handout is not desired. Instead, they want their economic power back.” quote by Robert J. Shiller
Download Open image
“The desperately poor may accept handouts, because they feel they have to. For those who consider themselves at least middle class, however, anything that smacks of a handout is not desired. Instead, they want their economic power back.”

Robert J. Shiller

About This Quote

Source Book: Irrational Exuberance, Robert J. Shiller, 2000

People in poverty may welcome assistance, while the middle class resists anything resembling a handout, preferring to regain economic control.

In simple terms: Poor accept aid; middle class rejects handouts.

Key Takeaway

Seek empowerment over charity.

Themes

economics class perception politics social behavior

Mood

reflective critical

Type

sociopolitical analytical

When to use this quote

  • welfare programs
  • community development
  • political campaigning
  • financial education

Key Concepts

public policy wealth distribution social stigma

Questions to Reflect On

  • How does perceived dignity affect aid acceptance?
  • What policies restore economic agency without stigma?
A Different Perspective

Handouts can create dependency and resentment.

2.1 out of 5 (7 ratings)

More by Robert J. Shiller

Explore all 79 Robert J. Shiller quotes

More Accept quotes

Browse all 2,963 Accept quotes