Robert Solow: Curing Children’s Poverty
on Monday, February 15, 2016Robert Solow Money Quotation saying solving childhood poverty is a measure of caring for kids, even if expensive, it’s worth the cost. Robert Solow said:
“As an economist I believe that good things are worth paying for; and that even if curing children’s poverty were expensive, it would be hard to think of a better use in the world for money. If society cares about children, it should be willing to spend money on them” — Robert Solow
In this quote, Robert Solow is expressing his view as an economist that investing in social goods that help children is worthwhile, even if costly. He argues that “curing children’s poverty” through various programs and initiatives would be extremely valuable, even if expensive. Solow believes this would be among the best uses of monetary resources in the world.
He implies that if a society genuinely cares about the well-being of children, it should be willing to financially support policies and efforts to alleviate poverty among them. Overall, the quote conveys Solow’s economic perspective that investments in children through addressing issues like poverty can greatly benefit society and are worth incurring costs for these humanitarian reasons.