Justice Quotes

What is fair? What is right? Voices from history weigh in on the most fundamental human question.

27299 quotes

J
"Economic efficiency without fairness is mere optimization in service of injustice."
James Mirrlees
V
"Markets punish dishonesty more reliably than any regulator."
Vernon Smith
V
"Justice requires that rules apply equally and that rights are protected."
Vernon Smith
R
"Justice delayed is justice betrayed; justice hastened is wisdom earned."
Raj Patel
R
"Justice without mercy is tyranny in a just costume."
Raj Patel
R
"Fairness is not just about dividing the pie equally; it's about how the pie was made."
Richard Thaler
R
"People care about fairness, even when it costs them money. This is rational in a way economics didn't predict."
Richard Thaler
R
"People will accept inequality if they believe it's fair."
Richard Thaler
R
"We care about being treated fairly more than we care about being treated well."
Richard Thaler
G
"The market for lemons teaches us that ignorance has a price, and that price is often paid by the honest."
George Akerlof
G
"Poverty is partly a problem of information and partly a problem of trust."
George Akerlof
G
"Efficiency without equity is injustice."
George Akerlof
G
"The cost of distrust is paid in broken societies."
George Akerlof
G
"The problem of evil is also an economic problem."
George Akerlof
M
"We talk about creative destruction, but we never talk about who bears the cost of that destruction."
Mariana Mazzucato
M
"We've created a system where public sector workers are underpaid and undervalued despite their crucial contributions."
Mariana Mazzucato
M
"We celebrate risk-taking in Silicon Valley while punishing it in the public sector."
Mariana Mazzucato
M
"Public value creation is not less important than private wealth creation—it's foundational to it."
Mariana Mazzucato
M
"We celebrate the products of public research while crediting them to private enterprise."
Mariana Mazzucato
M
"We've allowed inequality to grow because we've stopped investing in public institutions."
Mariana Mazzucato
K
"Distribution matters as much as production in a just economy."
Kate Raworth
K
"Inequality is not inevitable - it's a choice we've made in our economic design."
Kate Raworth
K
"We need to see the economy as a place to create social equity and environmental health."
Kate Raworth
K
"The most important question is not 'how much?' but 'how do we share?'"
Kate Raworth
K
"Scarcity is often created by poor distribution, not actual lack."
Kate Raworth
K
"Thriving is not a luxury good - it's a basic requirement of a just economy."
Kate Raworth
E
"The poor are not lazy; they are trapped in poverty by circumstances beyond their control."
Esther Duflo
E
"The poor deserve rigorous research, not guesswork."
Esther Duflo
E
"The poor deserve access to the best ideas and tools."
Esther Duflo
E
"We must challenge the narratives that perpetuate poverty."
Esther Duflo