A Quote by Peter Schiff

The real story of Detroit [...] can be summed up in seven words. Private enterprise built it, government destroyed it. — © Peter Schiff
The real story of Detroit [...] can be summed up in seven words. Private enterprise built it, government destroyed it.
Land surveyors start as employees, and move up to partnership in a firm or to ownership of their own enterprise if they wish. Some wind up working for government, private corporations, or public enterprise.
Private enterprise is ceasing to be free enterprise. Private enterprise, indeed, became too private. It became privileged enterprise, not free enterprise.
In almost every enterprise, government has provided business with opportunities for private gain at public expense. Government nurtures private capital accumulation through a process of subsidies, supports, and deficit spending and an increasingly inequitable tax system.
The quickest and surest way to production, prosperity, and economic growth is through private enterprise. The best way for governments to encourage private enterprise is to establish justice, to enforce contracts, to insure domestic peace and tranquility, to protect private property, and to secure the blessings of liberty including economic liberty - which means to stop putting obstacles in the way of private enterprise.
The real question of government versus private enterprise is argued on too philosophical and abstract a basis. Theoretically, planning may be good. But nobody has ever figured out the cause of government stupidity—and until they do (and find the cure), all ideal plans will fall into quicksand.
When a private enterprise fails, it is closed down; when a government enterprise fails, it is expanded. Isn't that exactly what's been happening with drugs?
In actual fact, it is the State, i.e., the taxpayer who has become responsible to private enterprise. In Fascist Italy the State pays for the blunders of private enterprise Profit is private and individual. Loss is public and social.
I guess my view is I believe less governance is best governance and that government should not do what the free enterprise and private enterprise and indidividual entrepreneurship and the states can do.
Government-to-government aid rests on socialistic assumptions and promotes socialism and stagnation, whereas private foreign investment rest on capitalist assumptions and promotes private enterprise and maximum economic growth.
It is a popular error that bureaucracy is less flexible than private enterprise. It may be so in detail, but when large scale adaptations have to be made, central control is far more flexible. It may take two months to get an answer to a letter from a government department, but it takes twenty years for an industry under private enterprise to readjust itself to a fall in demand.
Government-to-government foreign aid promotes statism, centralized planning, socialism, dependence, pauperization, inefficiency, and waste. It prolongs the poverty it is designed to cure. Voluntary private investment in private enterprise, on the other hand, promotes capitalism, production, independence, and self-reliance.
Some have said that it is not the business of private men to meddle with government--a bold and dishonest saying, which is fit to come from no mouth but that of a tyrant or a slave. To say that private men have nothing to do with government is to say that private men have nothing to do with their own happiness or misery; that people ought not to concern themselves whether they be naked or clothed, fed or starved, deceived or instructed, protected or destroyed.
Are not the worst examples of architecture to be found in private enterprise in cheap jerry-built homes?
If you're going to lead a space frontier, it has to be government; it'll never be private enterprise. Because the space frontier is dangerous, and it's expensive, and it has unquantified risks. And under those conditions, you cannot establish a capital-market evaluation of that enterprise. You can't get investors.
Private enterprise manages better all that to which it is equal. Anarchism declares that private enterprise, whether individual or cooperative, is equal to all the undertakings of society.
Anything that government can do, private enterprise can do for half the cost.
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