"The economy is not an abstraction. The economy consists of people, and it will only grow if people feel secure and are reasonably free"
- John Bruton
About this Quote
This quote by John Bruton stresses the value of people in the economy. He is suggesting that the economy is not simply an idea, however rather a system of people and their interactions. He thinks that the economy will just grow if individuals feel safe and have the freedom to make choices. This means that people should have the capability to make decisions without worry of effects or lack of resources. It also suggests that people should have access to resources and chances to make choices that will benefit them and the economy. This quote highlights the significance of developing an environment where people can feel secure and have the freedom to make choices that will benefit them and the economy. It is a pointer that the economy is not an abstract principle, however rather a system of individuals and their interactions.