A Quote by Gavin Newsom

Government is the ultimate monopoly. And monopolies, as any economist will tell you, often breed complacency and a lack of innovation. — © Gavin Newsom
Government is the ultimate monopoly. And monopolies, as any economist will tell you, often breed complacency and a lack of innovation.
Land monopoly is not only monopoly, but it is by far the greatest of monopolies; it is a perpetual monopoly, and it is the mother of all other forms of monopoly.
I would never make a good economist. You know, an economist is a man that can tell you anything about — well, he will tell you what can happen under any given condition — and his guess is liable to be as good as anybody else's, too.
The paradox of innovation is this: CEO's often complain about lack of innovation, while workers often say leaders are hostile to new ideas.
If wealth is accumulated in the hands of a few, either by a feudal or a stock monopoly, it carries the power also; and a government becomes as certainly aristocratical, by a monopoly of wealth, as by a monopoly of arms. A minority, obtaining a majority of wealth or arms in any mode, becomes the government.
Success is one of the worst enemies of success, because success tends to breed complacency and lack of humility.
Monopolists always defend their monopolies by arguing that competition is wasteful. When the railroad barons completed their monopoly, they argued it would be wasteful to have competing rail lines, AT&T said the same thing. But today, the size and scope of these monopolies is different.
I talked about the barriers created by monopolies. I said that it was the role of government to break up these monopolies and that we couldn't do it alone.
Everyone knows that the broadband era will breed a new generation of online services, but this is only half of the story. Like any innovation, broadband will inflict major changes on its environment. It will destroy, once and for all, the egalitarian vision of the Internet.
Government tends to stifle innovation, and it abhors improvisation. Any good military strategist will tell you that a battle plan rarely survives past the first engagement. After that, you have to improvise to survive and to win.
The mere possession of monopoly power, and the concomitant charging of monopoly prices, is not only not unlawful, it is an important element of the free-market system. The opportunity to charge monopoly prices - at least for a short period - is what attracts 'business acumen' in the first place; it induces risk taking that produces innovation and economic growth.
Monopolies are not justified by theory; they should be permitted only when justified by facts. If there is no solid basis for extending a certain monopoly protection, then we should not extend that protection. This does not mean that every copyright must prove its value initially. That would be a far too cumbersome system of control. But it does mean that every system or category of copyright or patent should prove its worth. Before the monopoly should be permitted, there must be reason to believe it will do some good -- for society, and not just for monopoly holders.
Where there's a lack of competition - as we saw with Mylan Pharmaceutical's virtual monopoly on EpiPen - price increases often follow.
Often we blame the breed, but in my opinion, it's not the breed, it's the owner. The owner has to be the pack leader and provide exercise, discipline, then affection. If you do that, you'll have a sweet, loving, and balanced dog - no matter what breed!
There is no doubt at all that the government monopoly over the insurance business had to end. There is a crying need for better service, more innovation, and a comprehensive insurance cover.
Open platforms encourage innovation. Whenever you have a closed platform, a monopoly on commerce, and all these platform rules, it stifles innovation.
[T]he people as ultimate sovereigns, retain the ultimate power - and even the duty - to overthrow any government that fails to respect their authority.
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