Skip to main content

Wealth & Money Quote by Benjamin Disraeli

"There can be economy only where there is efficiency"

About this Quote

Disraeli’s line is a Victorian scalpel aimed at a problem that still defines public life: the fantasy that you can “save money” without first changing how work gets done. “Economy” here isn’t just thrift or austerity; it’s the political promise of lower costs, balanced budgets, and responsible stewardship. Disraeli punctures that promise by tethering it to “efficiency,” a word that smuggles in management, measurement, and discipline. The subtext is blunt: cutting spending without improving the machine is just noise - or worse, decay.

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

TopicMoney
Source
Unverified source: The works of Benjamin Disraeli, earl of Beaconsfield, emb... (Disraeli, Benjamin, Earl of Beaconsfi..., 1904)IA: worksbenjamindi01arnogoog
Text match: 88.89%   Provider: Internet Archive
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
More Quotes by Benjamin Add to List
Economy and Efficiency: Key to Success - Benjamin Disraeli
Click to enlarge Portrait | Landscape

About the Author

Benjamin Disraeli

Benjamin Disraeli (December 21, 1804 - April 19, 1881) was a Statesman from United Kingdom.

113 more quotes available

View Profile

Similar Quotes

Jeane Kirkpatrick, Diplomat