--- title: "1 Flop Quotes By Robert Higgs" description: "1 Flop quotes by Robert Higgs. Plus more from Robert Higgs and more Flop sayings from other authors." image: "https://sms4smile.com/quotes/i/440/robert-higgs-12637_contributing_if-you-have-a-private-firm-and-you-spend_2174561.jpg" --- > [If you have a private firm and you spend a ton of money to pay employees, but what you produce is a flop, there will be no value to GDP. But government spending all gets counted as contributing to economic…](https://sms4smile.com/quotes/robert-higgs/if-you-have-a-private-firm-and-you-spend-a-ton-of-money-to-pay/) [Robert Higgs](https://sms4smile.com/quotes/author/robert-higgs/) [Image](https://sms4smile.com/quotes/i/440/robert-higgs-12637_contributing_if-you-have-a-private-firm-and-you-spend_2174561.jpg) ## More by Robert Higgs > [Recipients of transfers set a bad example for others, including their children, other relatives, and friends, who see that one can receive goods, services,…](https://sms4smile.com/quotes/robert-higgs/recipients-of-transfers-set-a-bad-example-for-others-including-their/) [Robert Higgs](https://sms4smile.com/quotes/author/robert-higgs/) > [In debates between anarchists and statists, the burden of proof clearly should rest on those who place their trust in the state. Anarchy's mayhem…](https://sms4smile.com/quotes/robert-higgs/in-debates-between-anarchists-and-statists-the-burden-of-proof/) [Robert Higgs](https://sms4smile.com/quotes/author/robert-higgs/) > [“Anarchists did not try to carry out genocide against the Armenians in Turkey; they did not deliberately starve millions of Ukrainians; they did not…](https://sms4smile.com/quotes/robert-higgs/anarchists-did-not-try-to-carry-out-genocide-against-the-armenians-in/) [Robert Higgs](https://sms4smile.com/quotes/author/robert-higgs/) > [We need to have a modicum of faith in people's common sense, creativity and will to survive and prosper even in the face of…](https://sms4smile.com/quotes/robert-higgs/we-need-to-have-a-modicum-of-faith-in-people-s-common-sense/) [Robert Higgs](https://sms4smile.com/quotes/author/robert-higgs/) > [To continue on the road we Americans have traveled for the past century is ultimately to deliver ourselves completely into the hands of an…](https://sms4smile.com/quotes/robert-higgs/to-continue-on-the-road-we-americans-have-traveled-for-the-past/) [Robert Higgs](https://sms4smile.com/quotes/author/robert-higgs/) > [Inflation is not a benign element in the economy's operation. It is, as it has always been, the most dangerous and destructive form of…](https://sms4smile.com/quotes/robert-higgs/inflation-is-not-a-benign-element-in-the-economy-s-operation-it-is-as/) [Robert Higgs](https://sms4smile.com/quotes/author/robert-higgs/) > [Until the 1930s, the Constitution served as a major constraint on federal economic interventionism. The government's powers were understood to be just as the…](https://sms4smile.com/quotes/robert-higgs/until-the-1930s-the-constitution-served-as-a-major-constraint-on/) [Robert Higgs](https://sms4smile.com/quotes/author/robert-higgs/) > [No doubt, anarchy, once established, might not last forever. But if your house is on fire, the sensible course of action is to put…](https://sms4smile.com/quotes/robert-higgs/no-doubt-anarchy-once-established-might-not-last-forever-but-if-your/) [Robert Higgs](https://sms4smile.com/quotes/author/robert-higgs/) > [By adopting programs to distribute substantial amounts of income, a nation guarantees that its government will become more powerful and invasive in other ways.](https://sms4smile.com/quotes/robert-higgs/by-adopting-programs-to-distribute-substantial-amounts-of-income-a/) [Robert Higgs](https://sms4smile.com/quotes/author/robert-higgs/) > [All nonstate threats to life, liberty, and property appear to be relatively petty and therefore can be dealt with. Only states can pose truly…](https://sms4smile.com/quotes/robert-higgs/all-nonstate-threats-to-life-liberty-and-property-appear-to-be/) [Robert Higgs](https://sms4smile.com/quotes/author/robert-higgs/) > [This is the true lesson of our history: war, preparation for war, and foreign military interventions have served for the most part not to…](https://sms4smile.com/quotes/robert-higgs/this-is-the-true-lesson-of-our-history-war-preparation-for-war-and/) [Robert Higgs](https://sms4smile.com/quotes/author/robert-higgs/) > [Liberty in the United States will never be reestablished so long as elites and masses alike look to the president to perform supernatural feats…](https://sms4smile.com/quotes/robert-higgs/liberty-in-the-united-states-will-never-be-reestablished-so-long-as/) [Robert Higgs](https://sms4smile.com/quotes/author/robert-higgs/) > [The beginning of political wisdom is the realization that despite everything you’ve always been taught, the government is not really on your side; indeed,…](https://sms4smile.com/quotes/robert-higgs/the-beginning-of-political-wisdom-is-the-realization-that-despite/) [Robert Higgs](https://sms4smile.com/quotes/author/robert-higgs/) > [“When the contentious questions are mainly economic (put aside such inflammatory but mainly noneconomic matters as capital punishment or abortion) they tend to fall…](https://sms4smile.com/quotes/robert-higgs/when-the-contentious-questions-are-mainly-economic-put-aside-such/) [Robert Higgs](https://sms4smile.com/quotes/author/robert-higgs/) > [For members of the political class, the crucial question is always: how can we push out the frontier, how can we augment the government's…](https://sms4smile.com/quotes/robert-higgs/for-members-of-the-political-class-the-crucial-question-is-always-how/) [Robert Higgs](https://sms4smile.com/quotes/author/robert-higgs/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "ItemList", "@id": "https://sms4smile.com/quotes/about/flop/robert-higgs/#itemlist", "name": "1 Flop Quotes By Robert Higgs", "numberOfItems": 1, "itemListElement": [ { "@type": "ListItem", "position": 1, "item": { "@type": "Quotation", "text": "If you have a private firm and you spend a ton of money to pay employees, but what you produce is a flop, there will be no value to GDP. But government spending all gets counted as contributing to economic growth. That's why in the early days of creating these measurements, some people didn't want to count government spending.", "creator": { "@type": "Person", "name": "Robert Higgs" }, "url": "https://sms4smile.com/quotes/robert-higgs/if-you-have-a-private-firm-and-you-spend-a-ton-of-money-to-pay/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/440/robert-higgs-12637_contributing_if-you-have-a-private-firm-and-you-spend_2174561.jpg", "contentUrl": "https://sms4smile.com/quotes/i/440/robert-higgs-12637_contributing_if-you-have-a-private-firm-and-you-spend_2174561.jpg", "url": "https://sms4smile.com/quotes/i/440/robert-higgs-12637_contributing_if-you-have-a-private-firm-and-you-spend_2174561.jpg", "width": 1080, "height": 1080, "caption": "“If you have a private firm and you spend a ton of money to pay employees, but what you produce is a flop…” — Robert Higgs", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } } ] }, { "@type": "CollectionPage", "@id": "https://sms4smile.com/quotes/about/flop/robert-higgs/#webpage", "url": "https://sms4smile.com/quotes/about/flop/robert-higgs/", "name": "Flop Quotes by Robert Higgs", "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "mainEntity": { "@id": "https://sms4smile.com/quotes/about/flop/robert-higgs/#itemlist" }, "primaryImageOfPage": { "@id": "https://sms4smile.com/quotes/i/440/robert-higgs-12637_contributing_if-you-have-a-private-firm-and-you-spend_2174561.jpg" }, "description": "1 Flop quotes by Robert Higgs. Plus more from Robert Higgs and more Flop sayings from other authors.", "breadcrumb": { "@id": "https://sms4smile.com/quotes/about/flop/robert-higgs/#breadcrumb" } }, { "@type": "BreadcrumbList", "@id": "https://sms4smile.com/quotes/about/flop/robert-higgs/#breadcrumb", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "Topics", "item": "https://sms4smile.com/quotes/categories/" }, { "@type": "ListItem", "position": 4, "name": "Flop", "item": "https://sms4smile.com/quotes/about/flop/" }, { "@type": "ListItem", "position": 5, "name": "Robert Higgs", "item": "https://sms4smile.com/quotes/about/flop/robert-higgs/" } ] }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```