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Feet Quote by Herman E. Daly

“While the invisible hand looks after the private sector, the invisible foot kicks the public sector to pieces.” quote by Herman E. Daly
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“While the invisible hand looks after the private sector, the invisible foot kicks the public sector to pieces.”

Herman E. Daly

About This Quote

Source Book: "Ecological Economics", 1996

Market forces can support private enterprise, but public institutions often face disruptive pressures.

In simple terms: Invisible forces aid private, hinder public.

Key Takeaway

Balance market incentives with public safeguards.

Themes

economics public policy environmentalism

Mood

critical analytical

Type

policy economic

When to use this quote

  • regulatory reform
  • public budgeting
  • environmental regulation

Key Concepts

externalities government intervention

Questions to Reflect On

  • What mechanisms can protect the public sector?
  • How do we measure “kicks to pieces”?
A Different Perspective

Overemphasis on market may ignore equity concerns.

4.2 out of 5 (4 ratings)

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