Feet Quote by Herman E. Daly
“While the invisible hand looks after the private sector, the invisible foot kicks the public sector to pieces.”
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.
Balance market incentives with public safeguards.
Themes
Mood
Type
When to use this quote
- regulatory reform
- public budgeting
- environmental regulation
Key Concepts
Questions to Reflect On
- What mechanisms can protect the public sector?
- How do we measure “kicks to pieces”?
Overemphasis on market may ignore equity concerns.