"There can be economy only where there is efficiency"
About this Quote
As a statesman, Disraeli is also playing defense against the cheap moralism of penny-pinching. The quote reframes economic virtue away from deprivation and toward competence. It’s an argument for capacity: invest in systems, streamline operations, curb waste, and only then can you credibly claim “economy.” That move matters politically because it shifts scrutiny from the spectacle of cuts (which are easy to announce) to the harder, less glamorous work of administration.
Contextually, Disraeli governed in an era when the British state was modernizing under pressure: expanding bureaucracy, industrial-scale logistics, and a growing expectation that government deliver services without bleeding the treasury. His sentence anticipates a recurring cycle of reform politics: leaders promise savings, institutions resist change, and the public pays for inefficiency through higher taxes, worse services, or both. The elegance is in its conditional logic - a warning disguised as common sense.
Quote Details
| Topic | Money |
|---|---|
| Source | Unverified source: The works of Benjamin Disraeli, earl of Beaconsfield, emb... (Disraeli, Benjamin, Earl of Beaconsfi..., 1904)IA: worksbenjamindi01arnogoog
Evidence: o increased expenditure there can be no economy where there is no efficiency let Other candidates (2) Clean Electricity From Photovoltaics (2nd Edition) (Mary D Archer, Martin Andrew Green, 2014)95.0% ... There can be economy only where there is efficiency. Benjamin Disraeli, 1868. 2.1 Introduction Although the sunli... Benjamin Disraeli (Benjamin Disraeli) compilation88.9% orge earle buckle p 550 there can be no economy where there is no efficiency let |
| Cite | Cite this Quote |
Citation Formats
APA Style (7th ed.)
Disraeli, Benjamin. (2026, January 13). There can be economy only where there is efficiency. FixQuotes. https://fixquotes.com/quotes/there-can-be-economy-only-where-there-is-4685/
Chicago Style
Disraeli, Benjamin. "There can be economy only where there is efficiency." FixQuotes. January 13, 2026. https://fixquotes.com/quotes/there-can-be-economy-only-where-there-is-4685/.
MLA Style (9th ed.)
"There can be economy only where there is efficiency." FixQuotes, 13 Jan. 2026, https://fixquotes.com/quotes/there-can-be-economy-only-where-there-is-4685/. Accessed 4 Feb. 2026.



