Abraham Maslow, a prominent psychologist known for his theory of self-actualization, critiques traditional economic theories for their narrow focus on basic human needs. He argues that human behavior is influenced by deeper motivations, including the desire for personal growth and fulfillment. In his famous quote, he states, 'Classic economic theory, based as it is on an inadequate theory of human motivation, could be revolutionized by accepting the reality of higher human needs.' This perspective challenges the notion that people are solely driven by financial gain, highlighting that individuals often prioritize meaningful work and creativity over monetary rewards. Maslow's hierarchy of needs illustrates this concept, outlining a progression from basic physiological needs to self-actualization, where individuals achieve their fullest potential. His work has significantly shaped humanistic psychology, advocating for a more comprehensive understanding of human motivation that includes both basic needs and higher aspirations.