"I should like to suggest to you that the cause of all the economic troubles is that we have an economic system which tries to maintain an equality of value between two things, which it would be better to recognise from the beginning as of unequal value"
About this Quote
The intent is sharper than the courteous phrasing implies. Dirac is poking at a foundational habit of market economies: the urge to force radically different forms of worth into a single, commensurable scale. Money is the great converter, flattening time, labor, land, care, risk, knowledge, and scarcity into a common price tag. Dirac’s subtext is that the flattening isn’t neutral bookkeeping; it’s the engine of recurring breakdowns. If you pretend incomparable things are equivalent, you’ll allocate resources as if they are, and the mismatch returns as instability: bubbles, shortages, and political backlash.
Context matters because Dirac speaks from a world where “value” can be operationally defined: in physics, you don’t get to declare two quantities equal because it’s convenient; nature enforces the difference. He’s effectively asking why economics tolerates a kind of metaphysical wishful thinking. The line also cuts against comforting slogans about “fair value” or “the market price” as if they were measurements rather than negotiations shot through with power.
It works because it shifts blame from individual greed to systemic fiction: the persistent, almost devotional belief that everything can be made equivalent, and that equivalence won’t exact a cost.
Quote Details
| Topic | Money |
|---|---|
| Source | Help us find the source |
| Cite | Cite this Quote |
Citation Formats
APA Style (7th ed.)
Dirac, Paul. (2026, January 17). I should like to suggest to you that the cause of all the economic troubles is that we have an economic system which tries to maintain an equality of value between two things, which it would be better to recognise from the beginning as of unequal value. FixQuotes. https://fixquotes.com/quotes/i-should-like-to-suggest-to-you-that-the-cause-of-25449/
Chicago Style
Dirac, Paul. "I should like to suggest to you that the cause of all the economic troubles is that we have an economic system which tries to maintain an equality of value between two things, which it would be better to recognise from the beginning as of unequal value." FixQuotes. January 17, 2026. https://fixquotes.com/quotes/i-should-like-to-suggest-to-you-that-the-cause-of-25449/.
MLA Style (9th ed.)
"I should like to suggest to you that the cause of all the economic troubles is that we have an economic system which tries to maintain an equality of value between two things, which it would be better to recognise from the beginning as of unequal value." FixQuotes, 17 Jan. 2026, https://fixquotes.com/quotes/i-should-like-to-suggest-to-you-that-the-cause-of-25449/. Accessed 4 Feb. 2026.






