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Daily Inspiration Quote by Arthur Erickson

"Bankers cannot afford to be concerned with only the economic aspects of projects. There may be serious implications on the natural environment, the urban environment, on human culture"

About this Quote

Erickson is politely detonating a common alibi: that finance is neutral. By telling bankers they "cannot afford" to focus only on economics, he flips their own language back at them. It is not an ethical plea dressed as accounting; it is an accounting argument expanded to include what spreadsheets conveniently exile. In his framing, the real risk is cultural and ecological blowback, and pretending otherwise is simply bad underwriting.

The subtext is a redistribution of responsibility. Architects are routinely cast as aesthetes, hired hands who make money look good in concrete and glass. Erickson refuses that hierarchy. He positions bankers as co-authors of the built world, whether they admit it or not: every loan is a design decision by proxy. When capital allocates, it shapes skylines, wetlands, neighborhoods, and the social rituals that happen inside them. That is why he groups "natural environment", "urban environment", and "human culture" in one breath: he is collapsing the artificial boundaries that let decision-makers treat damage as somebody else's department.

Context matters. Erickson built in an era when late-modern megaprojects and urban renewal were remaking cities, often with brutal environmental costs and blunt cultural displacement. His warning anticipates today's ESG talk but is sharper than the corporate version: it doesn't sell morality as branding. It treats culture as infrastructure and the environment as a balance sheet that always comes due, just not on the lender's timetable.

Quote Details

TopicEthics & Morality
SourceHelp us find the source
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Citation Formats

APA Style (7th ed.)
Erickson, Arthur. (2026, January 15). Bankers cannot afford to be concerned with only the economic aspects of projects. There may be serious implications on the natural environment, the urban environment, on human culture. FixQuotes. https://fixquotes.com/quotes/bankers-cannot-afford-to-be-concerned-with-only-117537/

Chicago Style
Erickson, Arthur. "Bankers cannot afford to be concerned with only the economic aspects of projects. There may be serious implications on the natural environment, the urban environment, on human culture." FixQuotes. January 15, 2026. https://fixquotes.com/quotes/bankers-cannot-afford-to-be-concerned-with-only-117537/.

MLA Style (9th ed.)
"Bankers cannot afford to be concerned with only the economic aspects of projects. There may be serious implications on the natural environment, the urban environment, on human culture." FixQuotes, 15 Jan. 2026, https://fixquotes.com/quotes/bankers-cannot-afford-to-be-concerned-with-only-117537/. Accessed 12 Feb. 2026.

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About the Author

Arthur Erickson

Arthur Erickson (June 14, 1924 - May 20, 2009) was a Architect from Canada.

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