"Classic economic theory, based as it is on an inadequate theory of human motivation, could be revolutionized by accepting the reality of higher human needs, including the impulse to self actualization and the love for the highest values"

In this quote, Abraham Maslow is recommending that standard financial theories are flawed because they do not consider the complete series of human requirements and motivations. He argues that by acknowledging and understanding the desire for self-actualization and the pursuit of higher values, financial theory could be transformed. Maslow believed that human beings have a hierarchy of needs, with fundamental physiological requirements at the bottom and self-actualization at the top. By acknowledging and valuing these greater needs, financial systems could be designed to much better satisfy the needs and desires of individuals, leading to a more satisfying and flourishing society. This quote highlights the value of considering human psychology and inspiration in financial theories and practices.