A Quote by Murray Rothbard

The public sector can only feed off the private sector; it necessarily lives parasitically upon the private economy. But this means that the productive resources of society - far from satisfying the wants of consumers - are now directed, by compulsion, away from these wants and needs. The consumers are deliberately thwarted, and the resources of the economy diverted from them to those activities desire by the parasitic bureaucracy and politicians.

Murray Rothbard

Quote Topics

Activities Away Bureaucracy Compulsion Consumers Deliberately Desire Directed Economy Far Feed Lives Means Necessarily Needs Now Off Only Politicians Private Private Sector Productive Public Public Sector Resources Satisfying Sector Society Them Those Wants Wants And Needs

Quote Author

Murray Rothbard
American - Economist
March 2, 1926 - January 7, 1995

I believe the private sector and small businesses drive our economy, and that means the federal government should work to ensure the private sector is as robust as possible.

Ann Kirkpatrick

The government doesn't run the economy. The economy is run by the private sector. The job of the president is to ensure we [the state] have policies that allow the private sector to grow and prosper.

Marco Rubio

We are a mixed economy. We will remain a mixed economy. The public and private sector will continue to play a very important role. The private sector in our country has very ample scope and I am confident that India's entrepreneurs have the capacity, and the will to rise to the occasion.

Manmohan Singh

The 'private sector' of the economy is, in fact, the voluntary sector; and the 'public sector' is, in fact, the coercive sector.

Henry Hazlitt

I spent my whole life in the private sector, 25 years in the private sector. I understand that when government takes more money out of the hands of people, it makes it more difficult for them to buy things. If they can't buy things, the economy doesn't grow. If the economy doesn't grow, we don't put Americans to work.

Mitt Romney

70 to 80 percent of country economy is controlled by the Bolivian state, and the other percentage by the private sector. We admit that it's legal, constitutional, that the private sector is entitled to its own economy, but to ensure these profound changes that clearly this government is promoting, including profound changes in the food industry, what we are doing is an important step.

Evo Morales

The private sector is the innovation engine of our economy, and more private-sector businesses and organizations than ever are recognizing that training, promoting, and retaining women is essential to their continued competitiveness - and their bottom line.

Martha McSally

We think that this message - of someone that's from the private sector that built a company and now wants to shrink a government and grow an economy - is a winning message.

Doug Ducey

I think we should, as the public sector or politicians, stop creating an illusion that it is the public sector that drives growth and jobs. It is not. It is the private sector that does it. There is no growth without entrepreneurship.

Alexander Stubb

Living standards in both the public and private sector have to be brought down. The private sector has to sell more abroad and consume less at home. The government sector has to get closer to just spending what it can collect in taxes.

John Redwood

The biggest difference between the private sector and public sector is in the private sector, there's a sense of urgency because you have customers and you have competitors. Whereas in government, one of your major objectives is to not make any really big mistakes.

Charlie Baker

When government 'creates jobs' by taking money from the private sector and 'investing' in favored projects, it is not truly productive activity. Rather, the government has preempted the economic process, forbidding it to serve consumers so that it can instead serve the objectives of politicians and bureaucrats.

Sheldon Richman

The vision behind our idea is a world where people don't carry hazardous chemicals in their bodies, the environment is free of toxic pollutants, and the economy diligently conserves its natural resources for consumers and future generations. We want to make it easier for consumers to create this world through their purchasing decisions and everyday activities.

Jeffrey Hollender

[the downfall of our political system is the] buying and selling of politicians...bribery. In the private sector, you're arrested for it. In the public sector, it's the norm.

Jesse Ventura

We (British) have reached the state where the private sector is that part of the economy the government controls and the public sector is that part that nobody controls.