---
title: "1 Public Goods Quotes By Peter Thiel"
description: "1 Public Goods quotes by Peter Thiel. Plus more from Peter Thiel and more Public Goods sayings from other authors."
image: "https://sms4smile.com/quotes/i/b52/peter-thiel-1311_benefits_i-think-that-markets-classically-fail-in_1103681.png"
---

> [I think that markets classically fail in cases where there are public goods that provide benefits that people cannot capture. The big debate is how big these public goods are, where they exist, things of that sort.](https://sms4smile.com/quotes/peter-thiel/i-think-that-markets-classically-fail-in-cases-where-there-are-public/)

[Peter Thiel](https://sms4smile.com/quotes/author/peter-thiel/)

[Image](https://sms4smile.com/quotes/i/b52/peter-thiel-1311_benefits_i-think-that-markets-classically-fail-in_1103681.png)

## More by Peter Thiel

> [People don't want to believe that technology is broken. Pharmaceuticals, robotics, artificial intelligence, nanotechnology - all these areas where the progress has been a…](https://sms4smile.com/quotes/peter-thiel/people-don-t-want-to-believe-that-technology-is-broken/)

[Peter Thiel](https://sms4smile.com/quotes/author/peter-thiel/)

> [If you think about basic science or coming up with new theories of mathematics, these are not the kinds of things which are necessarily…](https://sms4smile.com/quotes/peter-thiel/if-you-think-about-basic-science-or-coming-up-with-new-theories-of/)

[Peter Thiel](https://sms4smile.com/quotes/author/peter-thiel/)

> [I think we have a bubble in the US in government bonds, because of the quantitative easing and the negative real interest rates, and…](https://sms4smile.com/quotes/peter-thiel/i-think-we-have-a-bubble-in-the-us-in-government-bonds-because-of-the/)

[Peter Thiel](https://sms4smile.com/quotes/author/peter-thiel/)

> [“Time and decision-making themselves follow a power law, and some moments matter far more than others”](https://sms4smile.com/quotes/peter-thiel/time-and-decision-making-themselves-follow-a-power-law-and-some/)

[Peter Thiel](https://sms4smile.com/quotes/author/peter-thiel/)

> [“Today, we exaggerate the differences between left-liberal egalitarianism and libertarian individualism because almost everyone shares their common indefinite attitude. In philosophy, politics, and business,…](https://sms4smile.com/quotes/peter-thiel/today-we-exaggerate-the-differences-between-left-liberal/)

[Peter Thiel](https://sms4smile.com/quotes/author/peter-thiel/)

> [When you already have $150 billion a year in revenues from the iPhone, it's very hard to come up with any new vertical that…](https://sms4smile.com/quotes/peter-thiel/when-you-already-have-150-billion-a-year-in-revenues-from-the-iphone/)

[Peter Thiel](https://sms4smile.com/quotes/author/peter-thiel/)

> [“CREATIVE MONOPOLY means new products that benefit everybody and sustainable profits for the creator. Competition means no profits for anybody, no meaningful differentiation, and…](https://sms4smile.com/quotes/peter-thiel/creative-monopoly-means-new-products-that-benefit-everybody-and/)

[Peter Thiel](https://sms4smile.com/quotes/author/peter-thiel/)

> [“we have given up our sense of wonder at secrets left to be discovered.”](https://sms4smile.com/quotes/peter-thiel/we-have-given-up-our-sense-of-wonder-at-secrets-left-to-be-discovered/)

[Peter Thiel](https://sms4smile.com/quotes/author/peter-thiel/)

> [“Today our society is permeated by the twin ideas that death is both inevitable and random.”](https://sms4smile.com/quotes/peter-thiel/today-our-society-is-permeated-by-the-twin-ideas-that-death-is-both/)

[Peter Thiel](https://sms4smile.com/quotes/author/peter-thiel/)

> [“if your company can be summed up by its opposition to already existing firms, it can’t be completely new and it’s probably not going…](https://sms4smile.com/quotes/peter-thiel/if-your-company-can-be-summed-up-by-its-opposition-to-already/)

[Peter Thiel](https://sms4smile.com/quotes/author/peter-thiel/)

> [“Is a lukewarm attitude to one’s work a sign of mental health? Is a merely professional attitude the only sane approach?”](https://sms4smile.com/quotes/peter-thiel/is-a-lukewarm-attitude-to-one-s-work-a-sign-of-mental-health-is-a/)

[Peter Thiel](https://sms4smile.com/quotes/author/peter-thiel/)

> [“If you’ve invented something new but you haven’t invented an effective way to sell it, you have a bad business—no matter how good the…](https://sms4smile.com/quotes/peter-thiel/if-you-ve-invented-something-new-but-you-haven-t-invented-an/)

[Peter Thiel](https://sms4smile.com/quotes/author/peter-thiel/)

> [The business model piece is we're always talking about competing more effectively. If you're starting a company or career you don't want to compete.…](https://sms4smile.com/quotes/peter-thiel/the-business-model-piece-is-we-re-always-talking-about-competing-more/)

[Peter Thiel](https://sms4smile.com/quotes/author/peter-thiel/)

> [If you invest in Microsoft or Oracle, or a number of other companies for that matter, you're fundamentally making a bet that there's going…](https://sms4smile.com/quotes/peter-thiel/if-you-invest-in-microsoft-or-oracle-or-a-number-of-other-companies/)

[Peter Thiel](https://sms4smile.com/quotes/author/peter-thiel/)

> [Our economy is broken. I'm not a politician, but neither is Donald Trump. He is a builder, and it's time to rebuild America.](https://sms4smile.com/quotes/peter-thiel/our-economy-is-broken-i-m-not-a-politician-but-neither-is-donald/)

[Peter Thiel](https://sms4smile.com/quotes/author/peter-thiel/)

```json
{
    "@context": "https://schema.org",
    "@graph": [
        {
            "@type": "ItemList",
            "@id": "https://sms4smile.com/quotes/about/public-goods/peter-thiel/#itemlist",
            "name": "1 Public Goods Quotes By Peter Thiel",
            "numberOfItems": 1,
            "itemListElement": [
                {
                    "@type": "ListItem",
                    "position": 1,
                    "item": {
                        "@type": "Quotation",
                        "text": "I think that markets classically fail in cases where there are public goods that provide benefits that people cannot capture. The big debate is how big these public goods are, where they exist, things of that sort.",
                        "creator": {
                            "@type": "Person",
                            "name": "Peter Thiel"
                        },
                        "url": "https://sms4smile.com/quotes/peter-thiel/i-think-that-markets-classically-fail-in-cases-where-there-are-public/",
                        "image": {
                            "@type": "ImageObject",
                            "@id": "https://sms4smile.com/quotes/i/b52/peter-thiel-1311_benefits_i-think-that-markets-classically-fail-in_1103681.png",
                            "contentUrl": "https://sms4smile.com/quotes/i/b52/peter-thiel-1311_benefits_i-think-that-markets-classically-fail-in_1103681.png",
                            "url": "https://sms4smile.com/quotes/i/b52/peter-thiel-1311_benefits_i-think-that-markets-classically-fail-in_1103681.png",
                            "width": 1080,
                            "height": 1080,
                            "caption": "“I think that markets classically fail in cases where there are public goods that provide benefits that…” — Peter Thiel",
                            "creditText": "SMS4Smile Quotes",
                            "creator": {
                                "@id": "https://sms4smile.com/quotes/#organization"
                            }
                        }
                    }
                }
            ]
        },
        {
            "@type": "CollectionPage",
            "@id": "https://sms4smile.com/quotes/about/public-goods/peter-thiel/#webpage",
            "url": "https://sms4smile.com/quotes/about/public-goods/peter-thiel/",
            "name": "Public Goods Quotes by Peter Thiel",
            "isPartOf": {
                "@id": "https://sms4smile.com/quotes/#website"
            },
            "mainEntity": {
                "@id": "https://sms4smile.com/quotes/about/public-goods/peter-thiel/#itemlist"
            },
            "primaryImageOfPage": {
                "@id": "https://sms4smile.com/quotes/i/b52/peter-thiel-1311_benefits_i-think-that-markets-classically-fail-in_1103681.png"
            },
            "description": "1 Public Goods quotes by Peter Thiel. Plus more from Peter Thiel and more Public Goods sayings from other authors.",
            "breadcrumb": {
                "@id": "https://sms4smile.com/quotes/about/public-goods/peter-thiel/#breadcrumb"
            }
        },
        {
            "@type": "BreadcrumbList",
            "@id": "https://sms4smile.com/quotes/about/public-goods/peter-thiel/#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": "Public Goods",
                    "item": "https://sms4smile.com/quotes/about/public-goods/"
                },
                {
                    "@type": "ListItem",
                    "position": 5,
                    "name": "Peter Thiel",
                    "item": "https://sms4smile.com/quotes/about/public-goods/peter-thiel/"
                }
            ]
        },
        {
            "@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
            }
        }
    ]
}
```