"That inefficiency is masked because growth and progress are measured in money, and money does not give us information about ecological systems, it only gives information about financial systems"
About this Quote
The specific intent is to puncture the common defense that markets will “signal” scarcity and fix environmental harm. Hawken’s subtext is that the signal is noisy by design. Prices encode what can be owned, traded, and insured; they routinely ignore what’s communal, long-term, or biologically complex. That’s the “masked inefficiency”: we congratulate ourselves for streamlined supply chains while outsourcing entropy to soil, oceans, and climate. A rainforest becomes “lumber”; the rest of its functions - rainfall generation, carbon storage, biodiversity, cultural life - don’t show up as income unless they’re converted into products.
Contextually, Hawken sits in the late-20th-century wave of environmental economics and “natural capital” thinking, arguing that GDP-era metrics reward extraction and call it growth. His rhetorical move is surgical: he doesn’t ask you to hate money, he asks you to stop mistaking it for a truth-telling language about reality. If the instrument can’t detect ecological loss, it will always report “progress” right up until the system fails.
Quote Details
| Topic | Money |
|---|---|
| Source | Help us find the source |
| Cite |
Citation Formats
APA Style (7th ed.)
Hawken, Paul. (2026, January 17). That inefficiency is masked because growth and progress are measured in money, and money does not give us information about ecological systems, it only gives information about financial systems. FixQuotes. https://fixquotes.com/quotes/that-inefficiency-is-masked-because-growth-and-73122/
Chicago Style
Hawken, Paul. "That inefficiency is masked because growth and progress are measured in money, and money does not give us information about ecological systems, it only gives information about financial systems." FixQuotes. January 17, 2026. https://fixquotes.com/quotes/that-inefficiency-is-masked-because-growth-and-73122/.
MLA Style (9th ed.)
"That inefficiency is masked because growth and progress are measured in money, and money does not give us information about ecological systems, it only gives information about financial systems." FixQuotes, 17 Jan. 2026, https://fixquotes.com/quotes/that-inefficiency-is-masked-because-growth-and-73122/. Accessed 16 Feb. 2026.




