---
title: "Meaning & Key Takeaway of: I think economics is about passion…"
description: "\"I think economics is about passion. Economic progress, whether it is a two-person coffee shop or whether it is Netscape, is about people with brave ide..."
image: "https://sms4smile.com/quotes/i/024/tom-peters-967_brave_i-think-economics-is-about-passion-econo_1897617.png"
---

#  I think economics is about passion. Economic progress…

![“I think economics is about passion. Economic progress, whether it is a two-person coffee shop or whether it is Netscape, is about people with brave ideas. Because it is brave to mortgage the house, when you've got two kids, to start a coffee shop.” quote by Tom Peters](https://sms4smile.com/quotes/i/024/tom-peters-967_brave_i-think-economics-is-about-passion-econo_1897617.png)   [Download](https://sms4smile.com/quotes/i/024/tom-peters-967_brave_i-think-economics-is-about-passion-econo_1897617.png) [Open image](https://sms4smile.com/quotes/i/024/tom-peters-967_brave_i-think-economics-is-about-passion-econo_1897617.png)

> “I think economics is about passion. Economic progress, whether it is a two-person coffee shop or whether it is Netscape, is about people with brave ideas. Because it is brave to mortgage the house, when you've got two kids, to start a coffee shop.”

[Tom Peters](https://sms4smile.com/quotes/author/tom-peters/)

## About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

Economic progress stems from individuals daring to pursue bold ideas, even when personal risks are high.

**In simple terms:** Progress comes from brave, risky ideas.

Key Takeaway

Embrace risk for innovation.

Themes

risk innovation entrepreneurship economics courage

Mood

determined optimistic

Type

motivational inspirational

When to use this quote

- starting a coffee shop
- launching a tech startup
- investing in a new venture
- career change
- personal finance

Key Concepts

bravery risk tolerance creative disruption

Questions to Reflect On

- What bold idea are you hesitant to pursue?
- How can you mitigate personal risk while innovating?

A Different Perspective

Risk can lead to failure or financial loss if not managed.

★ ★ ★ ★ ★   No ratings yet

[Brave](https://sms4smile.com/quotes/about/brave/) [Coffee](https://sms4smile.com/quotes/about/coffee/) [Coffee shop](https://sms4smile.com/quotes/about/coffee-shop/) [Economic progress](https://sms4smile.com/quotes/about/economic-progress/) [Economics](https://sms4smile.com/quotes/about/economics/) [Ideas](https://sms4smile.com/quotes/about/ideas/) [Kids](https://sms4smile.com/quotes/about/kids/) [Passion](https://sms4smile.com/quotes/about/passion/) [People](https://sms4smile.com/quotes/about/people/) [Progress](https://sms4smile.com/quotes/about/progress/) [Thinking](https://sms4smile.com/quotes/about/thinking/)

## Related quotes

> [I think economics, content, and the ability to interact with content in new and different ways are what will drive the adoption of e-books.](https://sms4smile.com/quotes/tom-peters/i-think-economics-content-and-the-ability-to-interact-with-content-in/)

[Tom Peters](https://sms4smile.com/quotes/author/tom-peters/)

> [I think it's wrong to think of economics as money. The actual word itself actually revolves around meeting one's needs. Money is one way…](https://sms4smile.com/quotes/mark-boyle/i-think-it-s-wrong-to-think-of-economics-as-money-the-actual-word/)

[Mark Boyle](https://sms4smile.com/quotes/author/mark-boyle/)

> [I think corporations should give more attention to this suffering and should wait to invest until there is a responsible government in Burma. I…](https://sms4smile.com/quotes/aung-san-suu-kyi/i-think-corporations-should-give-more-attention-to-this-suffering-and/)

[Aung San Suu Kyi](https://sms4smile.com/quotes/author/aung-san-suu-kyi/)

> [I'm not a communist, of course. But I do think that everything is down to economics. Capitalism doesn't change.](https://sms4smile.com/quotes/helen-mirren/i-m-not-a-communist-of-course-but-i-do-think-that-everything-is-down/)

[Helen Mirren](https://sms4smile.com/quotes/author/helen-mirren/)

> [Religion is a way to make order from chaos, and I think economics is not dissimilar. In religion and in economics, you're trying to…](https://sms4smile.com/quotes/stephen-j-dubner/religion-is-a-way-to-make-order-from-chaos-and-i-think-economics-is/)

[Stephen J. Dubner](https://sms4smile.com/quotes/author/stephen-j-dubner/)

> [I think the economics of this country is intricately linked to the politics of this country and the two cannot be separated.](https://sms4smile.com/quotes/arvind-kejriwal/i-think-the-economics-of-this-country-is-intricately-linked-to-the/)

[Arvind Kejriwal](https://sms4smile.com/quotes/author/arvind-kejriwal/)

> [Probably the only people left who think that economics deserves a Nobel Prize are economists. It confirms their conceit that they're doing 'science' rather…](https://sms4smile.com/quotes/robert-j-samuelson/probably-the-only-people-left-who-think-that-economics-deserves-a/)

[Robert J. Samuelson](https://sms4smile.com/quotes/author/robert-j-samuelson/)

> [Too many people think that economics is this subject that should wait until the university level. But it can't wait that long.](https://sms4smile.com/quotes/robert-duvall/too-many-people-think-that-economics-is-this-subject-that-should-wait/)

[Robert Duvall](https://sms4smile.com/quotes/author/robert-duvall/)

> [“Economics is the art of allocating scarce goods among competing demands. The conceit of Marxism was the thought that in Communism, economics would be…](https://sms4smile.com/quotes/daniel-bell/economics-is-the-art-of-allocating-scarce-goods-among-competing/)

[Daniel Bell](https://sms4smile.com/quotes/author/daniel-bell/)

> [I don't think exactly like a professional economist. I think about economics and economic ideas, but somewhat like an outsider.](https://sms4smile.com/quotes/john-forbes-nash-jr/i-don-t-think-exactly-like-a-professional-economist-i-think-about/)

[John Forbes Nash, Jr](https://sms4smile.com/quotes/author/john-forbes-nash-jr/)

> [The way I think of it, economics and ecology occupy two intellectual silos, isolated from each other. Even when they do take each other…](https://sms4smile.com/quotes/charles-c-mann/the-way-i-think-of-it-economics-and-ecology-occupy-two-intellectual/)

[Charles C. Mann](https://sms4smile.com/quotes/author/charles-c-mann/)

> [Capitalism as a social order and as a creed is the expression of the belief in economic progress as leading toward the freedom and…](https://sms4smile.com/quotes/peter-drucker/capitalism-as-a-social-order-and-as-a-creed-is-the-expression-of-the/)

[Peter Drucker](https://sms4smile.com/quotes/author/peter-drucker/)

> [The Office of Community Development &amp; Rural Prosperity marks a crucial step in driving economic progress across our entire state.](https://sms4smile.com/quotes/doug-burgum/the-office-of-community-development-rural-prosperity-marks-a-crucial/)

[Doug Burgum](https://sms4smile.com/quotes/author/doug-burgum/)

> [Everywhere, and at all times, economic progress has meant far more to the poor than to the rich.](https://sms4smile.com/quotes/milton-friedman/everywhere-and-at-all-times-economic-progress-has-meant-far-more-to/)

[Milton Friedman](https://sms4smile.com/quotes/author/milton-friedman/)

> [If economic progress is not translated into better quality of life and respect for citizens' rights, we will witness more Tahrir Squares in Africa.](https://sms4smile.com/quotes/mo-ibrahim/if-economic-progress-is-not-translated-into-better-quality-of-life/)

[Mo Ibrahim](https://sms4smile.com/quotes/author/mo-ibrahim/)

## More by Tom Peters

> [The market may never coalesce around one basic design, or even around two or three dominant devices.](https://sms4smile.com/quotes/tom-peters/the-market-may-never-coalesce-around-one-basic-design-or-even-around/)

[Tom Peters](https://sms4smile.com/quotes/author/tom-peters/)

> [If, as I anticipate, a wide array of personal, portable information/communication devices becomes increasingly important and widespread for information-intensive users, it will be a…](https://sms4smile.com/quotes/tom-peters/if-as-i-anticipate-a-wide-array-of-personal-portable-information/)

[Tom Peters](https://sms4smile.com/quotes/author/tom-peters/)

> [Anybody who is an entrepreneur is a person who essentially has impaired judgment. The odds of success are zilch.](https://sms4smile.com/quotes/tom-peters/anybody-who-is-an-entrepreneur-is-a-person-who-essentially-has/)

[Tom Peters](https://sms4smile.com/quotes/author/tom-peters/)

> [Remember my mantra: distinct... or extinct.](https://sms4smile.com/quotes/tom-peters/remember-my-mantra-distinct-or-extinct/)

[Tom Peters](https://sms4smile.com/quotes/author/tom-peters/)

> [A good collection is more than just the sum of its parts.](https://sms4smile.com/quotes/tom-peters/a-good-collection-is-more-than-just-the-sum-of-its-parts/)

[Tom Peters](https://sms4smile.com/quotes/author/tom-peters/)

> [Leaders' careers will usually be determined by their handling of one or two critical events that no one could possibly anticipate or plan for.](https://sms4smile.com/quotes/tom-peters/leaders-careers-will-usually-be-determined-by-their-handling-of-one/)

[Tom Peters](https://sms4smile.com/quotes/author/tom-peters/)

> [I don't know what it means to manage the human imagination, but I do know that imagination is the main source of value in…](https://sms4smile.com/quotes/tom-peters/i-don-t-know-what-it-means-to-manage-the-human-imagination-but-i-do/)

[Tom Peters](https://sms4smile.com/quotes/author/tom-peters/)

> [Hire disrespectful people.](https://sms4smile.com/quotes/tom-peters/hire-disrespectful-people/)

[Tom Peters](https://sms4smile.com/quotes/author/tom-peters/)

> [Hire for attitude. Train for skill... More](https://sms4smile.com/quotes/tom-peters/hire-for-attitude-train-for-skill-more/)

[Tom Peters](https://sms4smile.com/quotes/author/tom-peters/)

> [If there is a single tragic flaw that mars our biggest enterprises, it is conservatism - the failure to fail, and fail big, in…](https://sms4smile.com/quotes/tom-peters/if-there-is-a-single-tragic-flaw-that-mars-our-biggest-enterprises-it/)

[Tom Peters](https://sms4smile.com/quotes/author/tom-peters/)

> [Think about the market, think about the design, and think about who is going to design for that market. Hit the mark.](https://sms4smile.com/quotes/tom-peters/think-about-the-market-think-about-the-design-and-think-about-who-is/)

[Tom Peters](https://sms4smile.com/quotes/author/tom-peters/)

> [“The “Excellence Standard” is not about Grand Outcomes. In Zenlike terms, all we have is today. If the day’s work cannot be assessed as…](https://sms4smile.com/quotes/tom-peters/the-excellence-standard-is-not-about-grand-outcomes-in-zenlike-terms/)

[Tom Peters](https://sms4smile.com/quotes/author/tom-peters/)

> [The day firing becomes easy is the day to fire yourself.](https://sms4smile.com/quotes/tom-peters/the-day-firing-becomes-easy-is-the-day-to-fire-yourself/)

[Tom Peters](https://sms4smile.com/quotes/author/tom-peters/)

> [Only pissed-off people change the world.](https://sms4smile.com/quotes/tom-peters/only-pissed-off-people-change-the-world/)

[Tom Peters](https://sms4smile.com/quotes/author/tom-peters/)

> [What you decide not to do is probably more important that what you decide to do.](https://sms4smile.com/quotes/tom-peters/what-you-decide-not-to-do-is-probably-more-important-that-what-you/)

[Tom Peters](https://sms4smile.com/quotes/author/tom-peters/)

[Explore all 316 Tom Peters quotes ](https://sms4smile.com/quotes/author/tom-peters/)

## More Brave quotes

> [In the current climate, things that are true, brave human stories become political.](https://sms4smile.com/quotes/cate-blanchett/in-the-current-climate-things-that-are-true-brave-human-stories/)

[Cate Blanchett](https://sms4smile.com/quotes/author/cate-blanchett/)

> [If You Love Someone, Be Brave Enough To Tell Them., Otherwise Be Brave Enough To Watch Them To Be Loved By Someone Else.](https://sms4smile.com/quotes/bilal-zahoor/if-you-love-someone-be-brave-enough-to-tell-them-otherwise-be-brave/)

[Bilal Zahoor](https://sms4smile.com/quotes/author/bilal-zahoor/)

> [Be convinced that to be happy means to be free and that to be free means to be brave. Therefore do not take lightly…](https://sms4smile.com/quotes/thucydides/be-convinced-that-to-be-happy-means-to-be-free-and-that-to-be-free/)

[Thucydides](https://sms4smile.com/quotes/author/thucydides/)

> [It's always brave to be yourself.](https://sms4smile.com/quotes/liu-yifei/it-s-always-brave-to-be-yourself/)

[Liu Yifei](https://sms4smile.com/quotes/author/liu-yifei/)

> [“Victory is for the fucking brave, not the timid and excuse-riddled weak.”](https://sms4smile.com/quotes/zakk-wylde/victory-is-for-the-fucking-brave-not-the-timid-and-excuse-riddled-weak/)

[Zakk Wylde](https://sms4smile.com/quotes/author/zakk-wylde/)

> [I'm very proud of 'Every Girl's a Super Girl.' I want all girls to know that no matter what size, color, or shape, whatever…](https://sms4smile.com/quotes/jojo-siwa/i-m-very-proud-of-every-girl-s-a-super-girl-i-want-all-girls-to-know/)

[JoJo Siwa](https://sms4smile.com/quotes/author/jojo-siwa/)

> [And I read the moral--A brave endeavour To do thy duty, whate'er its worth, Is better than life with love forever, And love is…](https://sms4smile.com/quotes/james-jeffrey-roche/and-i-read-the-moral-a-brave-endeavour-to-do-thy-duty-whate-er-its/)

James Jeffrey Roche

> [I admire machinery as much is any man, and am as thankful to it as any man can be for what it does for…](https://sms4smile.com/quotes/charles-dickens/i-admire-machinery-as-much-is-any-man-and-am-as-thankful-to-it-as-any/)

[Charles Dickens](https://sms4smile.com/quotes/author/charles-dickens/)

> [You know what really made me sick? I was in Washington, D.C. at another time reading in a paper where the U.S. gives Byron…](https://sms4smile.com/quotes/fannie-lou-hamer/you-know-what-really-made-me-sick-i-was-in-washington-d-c-at-another/)

[Fannie Lou Hamer](https://sms4smile.com/quotes/author/fannie-lou-hamer/)

> [To be able to live and train in Iraq under these circumstances you need to be brave.](https://sms4smile.com/quotes/anonymous/to-be-able-to-live-and-train-in-iraq-under-these-circumstances-you/)

[Anonymous](https://sms4smile.com/quotes/author/anonymous/)

> [There's a fallacy with stand up comedy, which is, people come up to comedians, and they go, 'You say what I think but I'm…](https://sms4smile.com/quotes/jim-jefferies/there-s-a-fallacy-with-stand-up-comedy-which-is-people-come-up-to/)

[Jim Jefferies](https://sms4smile.com/quotes/author/jim-jefferies/)

> [Fortune helps the brave.](https://sms4smile.com/quotes/terence/fortune-helps-the-brave/)

[Terence](https://sms4smile.com/quotes/author/terence/)

> [“A ‘good’ father will tenderly cultivate his children. But a ‘good’ father who is also a ‘brave’ father will let the children without cultivate…](https://sms4smile.com/quotes/craig-d-lounsbrough/a-good-father-will-tenderly-cultivate-his-children-but-a-good-father/)

[Craig D. Lounsbrough](https://sms4smile.com/quotes/author/craig-d-lounsbrough/)

> [And is it selfish of me to crave victory, or is it brave?](https://sms4smile.com/quotes/veronica-roth/and-is-it-selfish-of-me-to-crave-victory-or-is-it-brave/)

[Veronica Roth](https://sms4smile.com/quotes/author/veronica-roth/)

> [THE British are brave people. They can face anything, except reality.](https://sms4smile.com/quotes/george-mikes/the-british-are-brave-people-they-can-face-anything-except-reality/)

[George Mikes](https://sms4smile.com/quotes/author/george-mikes/)

[Browse all 3,314 Brave quotes ](https://sms4smile.com/quotes/about/brave/)

```json
{
    "@context": "https://schema.org",
    "@graph": [
        {
            "@type": "Quotation",
            "text": "I think economics is about passion. Economic progress, whether it is a two-person coffee shop or whether it is Netscape, is about people with brave ideas. Because it is brave to mortgage the house, when you've got two kids, to start a coffee shop.",
            "creator": {
                "@type": "Person",
                "name": "Tom Peters"
            },
            "isPartOf": {
                "@id": "https://sms4smile.com/quotes/#website"
            },
            "url": "https://sms4smile.com/quotes/tom-peters/i-think-economics-is-about-passion-economic-progress-whether-it-is-a/",
            "about": {
                "@type": "Thing",
                "name": "Brave"
            },
            "@id": "https://sms4smile.com/quotes/tom-peters/i-think-economics-is-about-passion-economic-progress-whether-it-is-a/#quotation",
            "image": {
                "@type": "ImageObject",
                "@id": "https://sms4smile.com/quotes/i/024/tom-peters-967_brave_i-think-economics-is-about-passion-econo_1897617.png",
                "contentUrl": "https://sms4smile.com/quotes/i/024/tom-peters-967_brave_i-think-economics-is-about-passion-econo_1897617.png",
                "url": "https://sms4smile.com/quotes/i/024/tom-peters-967_brave_i-think-economics-is-about-passion-econo_1897617.png",
                "width": 1080,
                "height": 1080,
                "caption": "“I think economics is about passion. Economic progress, whether it is a two-person coffee shop or whether it…” — Tom Peters",
                "creditText": "SMS4Smile Quotes",
                "creator": {
                    "@id": "https://sms4smile.com/quotes/#organization"
                }
            }
        },
        {
            "@type": "BreadcrumbList",
            "itemListElement": [
                {
                    "@type": "ListItem",
                    "position": 1,
                    "name": "Home",
                    "item": "https://sms4smile.com/"
                },
                {
                    "@type": "ListItem",
                    "position": 2,
                    "name": "Quotes",
                    "item": "https://sms4smile.com/quotes/"
                },
                {
                    "@type": "ListItem",
                    "position": 3,
                    "name": "Tom Peters",
                    "item": "https://sms4smile.com/quotes/author/tom-peters/"
                },
                {
                    "@type": "ListItem",
                    "position": 4,
                    "name": "I think economics is about passion....",
                    "item": "https://sms4smile.com/quotes/tom-peters/i-think-economics-is-about-passion-economic-progress-whether-it-is-a/"
                }
            ],
            "@id": "https://sms4smile.com/quotes/tom-peters/i-think-economics-is-about-passion-economic-progress-whether-it-is-a/#breadcrumb"
        },
        {
            "@type": "WebSite",
            "@id": "https://sms4smile.com/quotes/#website",
            "name": "SMS4Smile Quotes",
            "url": "https://sms4smile.com/quotes/",
            "publisher": {
                "@id": "https://sms4smile.com/quotes/#organization"
            }
        },
        {
            "@type": "Organization",
            "@id": "https://sms4smile.com/quotes/#organization",
            "name": "SMS4Smile Quotes",
            "url": "https://sms4smile.com/quotes/",
            "logo": {
                "@type": "ImageObject",
                "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png",
                "width": 512,
                "height": 512
            }
        }
    ]
}
```
