"Here we were talking about economic development, about investing billions of dollars in various programs, and I could see it wasn't billions of dollars people needed right away"
About this Quote
The subtext is a critique of distance. Development talk often turns suffering into a spreadsheet problem, safely addressed through programs, committees, and multi-year budgets. Yunus’s phrasing suggests the opposite: the bottleneck wasn’t capital in the macro sense, but access, timing, and control. People didn’t need a national plan “right away”; they needed a small amount of money now, on terms that didn’t punish them for being poor. That pivot is the ethical engine behind microcredit: the radical idea that trust and liquidity can be more transformative than grand designs.
Context matters. Yunus’s work grew out of Bangladesh’s post-independence poverty and the famine-era recognition that institutions can be well-funded and still miss the point. The quote works because it punctures the self-seriousness of technocratic ambition with a simple observation: development fails when it confuses impressive spending with timely relief, and when it mistakes the scale of a budget for the scale of empathy.
Quote Details
| Topic | Investment |
|---|---|
| Source | Help us find the source |
| Cite |
Citation Formats
APA Style (7th ed.)
Yunus, Muhammad. (2026, January 16). Here we were talking about economic development, about investing billions of dollars in various programs, and I could see it wasn't billions of dollars people needed right away. FixQuotes. https://fixquotes.com/quotes/here-we-were-talking-about-economic-development-85338/
Chicago Style
Yunus, Muhammad. "Here we were talking about economic development, about investing billions of dollars in various programs, and I could see it wasn't billions of dollars people needed right away." FixQuotes. January 16, 2026. https://fixquotes.com/quotes/here-we-were-talking-about-economic-development-85338/.
MLA Style (9th ed.)
"Here we were talking about economic development, about investing billions of dollars in various programs, and I could see it wasn't billions of dollars people needed right away." FixQuotes, 16 Jan. 2026, https://fixquotes.com/quotes/here-we-were-talking-about-economic-development-85338/. Accessed 12 Feb. 2026.




