economically wise

USAGE SUMMARY

"economically wise" is a correct and usable phrase in written English.
It is used to describe a decision or action made with careful consideration of economics. For example, "The government chose to reduce taxation rates, economically wise."

✓ Grammatically correct

News & Media

Science

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

10 human-written examples

Especially in these times of economic scarcity building new housing is an economically wise and value-creating investment with positive side-effects ranging from reducing youth unemployment to boosting the local economy.

The Guardian

"I call it being economically wise".

The New York Times - Sports

Plus, she said, "with gas prices the way they are and the price of a movie at over 10 bucks, it's also economically wise".

The New York Times

That could mean international institutions committed to getting as many economies on board as possible playing by similar rules not necessarily because this is economically wise, but because perceptions of fairness matter.

The Economist

So to many entrepreneurs, the prospect of asking for government aid, after having achieved goals and overcome obstacles, can be perceived less as an opportunity than as an admission of defeat, whether economically wise or not.

The New York Times

It will then be up to the courts to determine whether the cases amount to an economically wise and legally innovative application of antitrust policy to the information age or unnecessary meddling.

The New York Times

Human-verified similar examples from authoritative sources

Similar Expressions

50 human-written examples

Consultants and representatives for Taubman Centers, a mall developer based in Bloomfield, Mich., which is seeking to make its debut in Long Island's rich retail market, argued at the hearing that nothing could be better or economically wiser than replacing the derelict industrial plant on the 39-acre site with a top-of-the-line shopping mall.

The New York Times

This review aims to assess the viability of global nuclear energy economically (energy-wise), climatically and environmentally.

Journal of Environmental Management

Militarily, economically, manufacturing-wise, technologically, medically, educationally, culturally, athletically--the U.S.A., until recently, stood uncontested on the winner's platform in just about everything that mattered.

Huffington Post

Is the war really just buying these folks time to fortify their positions, economically and influence wise, for what comes next?

The New Yorker

Pence has diplomatically kept his free-trade positions quiet, but in direct contrast to Trump's opposition to the TPP and NAFTA, he has consistently voted for free trade, calling it wise economically and for national security.

Forbes

Expert writing Tips

Best practice

When describing a policy or decision, use “economically wise” to highlight its long-term financial benefits and sustainability.

Common error

While grammatically sound, avoid using “economically wise” in casual conversation. Opt for simpler terms like “smart” or “sensible” to maintain a natural tone.

Linguistic Context

The phrase “economically wise” primarily functions as an adjective phrase that modifies a noun, describing something as showing good economic judgment or being a sensible economic choice. Ludwig confirms that the phrase is correct and usable.

Expression frequency: Rare

Frequent in

News & Media

60%

Science

20%

Formal & Business

20%

Less common in

Academia

0%

Encyclopedias

0%

Wiki

0%

Ludwig's WRAP-UP

In summary, “economically wise” is a grammatically correct adjective phrase used to describe decisions or actions that demonstrate sound economic judgment. While Ludwig identifies its usage as correct, it's relatively rare, primarily appearing in news and media, scientific publications, and formal business contexts. Alternative phrases like "financially prudent" or "economically sound" may be used depending on the specific nuances you wish to convey. When writing, it's best to reserve “economically wise” for formal settings, ensuring that it aligns with the overall tone and register of your content.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

economically sensible

Suggests that the decision or action makes logical economic sense.

economically sound

Emphasizes the stability and robustness of the economic decision.

prudent financially

Focuses specifically on carefulness and foresight in financial matters.

financially prudent

Focuses specifically on financial carefulness and avoiding unnecessary risk.

smart financially

Emphasizes intelligence and cleverness in financial matters.

fiscally responsible

Highlights accountability and careful management of finances.

economically advantageous

Highlights the benefits and favorable outcomes from an economical perspective.

astute economically

Highlights sharp and insightful understanding from an economic perspective.

judicious economically

Inverts the adjective order to place emphasis on the wisdom of economy.

economically strategic

Highlights the planned and purposeful nature of the economic decision.

FAQs

How can I use "economically wise" in a sentence?

You can use "economically wise" to describe actions or decisions that show good economic judgment. For example, "Investing in renewable energy is an economically wise decision for the future".

What are some alternatives to "economically wise"?

Some alternatives include "financially prudent", "economically sound", or "fiscally responsible".

Is it better to say "economically wise" or "financially wise"?

Both phrases are correct, but "economically wise" often implies a broader consideration of economic systems, while "financially wise" focuses more narrowly on monetary aspects. The best choice depends on the specific context.

When is it appropriate to use the phrase "economically wise"?

It is appropriate in contexts where you want to emphasize the economic advantages and well-considered nature of a decision or action, such as in business reports, academic papers, or news articles discussing economic policy.