--- title: "Meaning & Key Takeaway of: The state owned monopolies are among the…" description: "\"The state owned monopolies are among the greatest millstones round the neck of the economy...Liberals must stress at all times the virtues of the marke..." image: "https://sms4smile.com/quotes/i/18a/jo-grimond-56768_all-time_the-state-owned-monopolies-are-among-the_2445838.jpg" --- # The state owned monopolies are among the greatest… ![“The state owned monopolies are among the greatest millstones round the neck of the economy...Liberals must stress at all times the virtues of the market, not only for efficiency but to enable the widest possible choice...Much of what Mrs Thatcher and Sir Keith Joseph say and do is in the…” quote by Jo Grimond](https://sms4smile.com/quotes/i/18a/jo-grimond-56768_all-time_the-state-owned-monopolies-are-among-the_2445838.jpg) [Download](https://sms4smile.com/quotes/i/18a/jo-grimond-56768_all-time_the-state-owned-monopolies-are-among-the_2445838.jpg) [Open image](https://sms4smile.com/quotes/i/18a/jo-grimond-56768_all-time_the-state-owned-monopolies-are-among-the_2445838.jpg) > “The state owned monopolies are among the greatest millstones round the neck of the economy...Liberals must stress at all times the virtues of the market, not only for efficiency but to enable the widest possible choice...Much of what Mrs Thatcher and Sir Keith Joseph say and do is in the mainstream of liberal philosophy.” [Jo Grimond](https://sms4smile.com/quotes/author/jo-grimond/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Market freedom offers choice; monopolies hinder economy. **In simple terms:** Markets give choice; monopolies restrict. Key Takeaway Support competition, limit monopolies. Themes economics liberalism competition choice Mood thoughtful policy‑oriented Type advisory political When to use this quote - business regulation - consumer rights - economic planning - entrepreneurship Key Concepts market dynamics public policy Questions to Reflect On - How can markets stay fair? - What policies protect choice without stifling innovation? A Different Perspective Balancing regulation and freedom is complex. ★ ★ ★ ★ ★ No ratings yet [Choices](https://sms4smile.com/quotes/about/choices/) [Economics](https://sms4smile.com/quotes/about/economics/) [Economy](https://sms4smile.com/quotes/about/economy/) [Efficiency](https://sms4smile.com/quotes/about/efficiency/) [Liberal](https://sms4smile.com/quotes/about/liberal/) [Mainstream](https://sms4smile.com/quotes/about/mainstream/) [Monopolies](https://sms4smile.com/quotes/about/monopolies/) [Monopoly](https://sms4smile.com/quotes/about/monopoly/) [Mrs thatcher](https://sms4smile.com/quotes/about/mrs-thatcher/) [Philosophy](https://sms4smile.com/quotes/about/philosophy/) [Rounds](https://sms4smile.com/quotes/about/rounds/) [Stress](https://sms4smile.com/quotes/about/stress/) [Virtue](https://sms4smile.com/quotes/about/virtue/) ## Related quotes > [“Unstructured chat with such friends has helped me understand Mrs Thatcher, the woman. (page xxvi)”](https://sms4smile.com/quotes/charles-moore/unstructured-chat-with-such-friends-has-helped-me-understand-mrs/) [Charles Moore](https://sms4smile.com/quotes/author/charles-moore/) > [It is quite clear to me that the Tory Party will get rid of Mrs Thatcher in about 3 years time.](https://sms4smile.com/quotes/harold-wilson/it-is-quite-clear-to-me-that-the-tory-party-will-get-rid-of-mrs/) [Harold Wilson](https://sms4smile.com/quotes/author/harold-wilson/) > [I grew up in a very political household. My mum used to shout at the television. At Mrs. Thatcher.](https://sms4smile.com/quotes/cherie-lunghi/i-grew-up-in-a-very-political-household-my-mum-used-to-shout-at-the/) [Cherie Lunghi](https://sms4smile.com/quotes/author/cherie-lunghi/) > [“and when Mrs Thatcher came to the college for a scientific symposium Tyson was deputed to take her round the Common Room. This is…](https://sms4smile.com/quotes/alan-bennett/and-when-mrs-thatcher-came-to-the-college-for-a-scientific-symposium/) [Alan Bennett](https://sms4smile.com/quotes/author/alan-bennett/) > [Everyone wants to be immortal. Few are. Margaret Thatcher is. Why? Because her values are timeless, eternal. Tap anyone on the shoulder anywhere in…](https://sms4smile.com/quotes/maurice-saatchi/everyone-wants-to-be-immortal-few-are-margaret-thatcher-is-why/) [Maurice Saatchi](https://sms4smile.com/quotes/author/maurice-saatchi/) > [I did one of the first interviews with Mrs Thatcher. I think, from memory, she came across then as a sort of wishy-washy European.](https://sms4smile.com/quotes/angela-rippon/i-did-one-of-the-first-interviews-with-mrs-thatcher-i-think-from/) [Angela Rippon](https://sms4smile.com/quotes/author/angela-rippon/) > [ \[On being asked how many Mrs. Thatchers there were:\] Oh, three at least. There is the intellectual one, the intuitive one and the one… ](https://sms4smile.com/quotes/margaret-thatcher/on-being-asked-how-many-mrs-thatchers-there-were-oh-three-at-least/) [Margaret Thatcher](https://sms4smile.com/quotes/author/margaret-thatcher/) > [In London - and forget those extra public pressures on politicians - the lovely old Sloane world of manor houses simply hasn't cut it…](https://sms4smile.com/quotes/peter-york/in-london-and-forget-those-extra-public-pressures-on-politicians-the/) [Peter York](https://sms4smile.com/quotes/author/peter-york/) > [In the time of Mrs Thatcher the church, to give it its due, spoke out and was an enemy of the Conservative government.](https://sms4smile.com/quotes/alan-green/in-the-time-of-mrs-thatcher-the-church-to-give-it-its-due-spoke-out/) [Alan Green](https://sms4smile.com/quotes/author/alan-green/) > [She is a reflection of comfortable middle-class values that do not take seriously the continuing unemployment. What I particularly regret is that she does…](https://sms4smile.com/quotes/john-kenneth-galbraith/she-is-a-reflection-of-comfortable-middle-class-values-that-do-not/) [John Kenneth Galbraith](https://sms4smile.com/quotes/author/john-kenneth-galbraith/) > [In the period before the arrival of Mrs. Thatcher, politics had been in such low esteem. Everything was so hedged, so mealy-mouthed. Then along…](https://sms4smile.com/quotes/tom-stoppard/in-the-period-before-the-arrival-of-mrs-thatcher-politics-had-been-in/) [Tom Stoppard](https://sms4smile.com/quotes/author/tom-stoppard/) > [Mrs. Thatcher responded to our liberation of Grenada with the sounds of a somewhat hypersensitive Neville Chamberlain.](https://sms4smile.com/quotes/emmett-tyrrell/mrs-thatcher-responded-to-our-liberation-of-grenada-with-the-sounds/) [Emmett Tyrrell](https://sms4smile.com/quotes/author/emmett-tyrrell/) > [My Dad always maintained that although Mrs. Thatcher did not look like us, she absolutely thought like us. He referred to her as the…](https://sms4smile.com/quotes/alok-sharma/my-dad-always-maintained-that-although-mrs-thatcher-did-not-look-like/) [Alok Sharma](https://sms4smile.com/quotes/author/alok-sharma/) > [I was out of the U.K. as a care-free, fun-loving student for much of Mrs. Thatcher's time in Downing Street, and as I didn't…](https://sms4smile.com/quotes/stephen-hough/i-was-out-of-the-u-k-as-a-care-free-fun-loving-student-for-much-of/) [Stephen Hough](https://sms4smile.com/quotes/author/stephen-hough/) > [Mrs Thatcher was not lightly bullied.](https://sms4smile.com/quotes/michael-heseltine/mrs-thatcher-was-not-lightly-bullied/) [Michael Heseltine](https://sms4smile.com/quotes/author/michael-heseltine/) ## More by Jo Grimond > [I have long believed that women should play a much bigger part in our affairs.](https://sms4smile.com/quotes/jo-grimond/i-have-long-believed-that-women-should-play-a-much-bigger-part-in-our/) [Jo Grimond](https://sms4smile.com/quotes/author/jo-grimond/) > [We shall experience the final defeat of liberalism not when immigration but when emigration is forbidden](https://sms4smile.com/quotes/jo-grimond/we-shall-experience-the-final-defeat-of-liberalism-not-when/) [Jo Grimond](https://sms4smile.com/quotes/author/jo-grimond/) > [The trouble with the Labour Party is that they don't really believe in Socialism, but they cannot wholeheartedly approve of private enterprise either.](https://sms4smile.com/quotes/jo-grimond/the-trouble-with-the-labour-party-is-that-they-don-t-really-believe/) [Jo Grimond](https://sms4smile.com/quotes/author/jo-grimond/) > [After listening to the debate on unemployment I can see a danger that Liberals lose to the Tories their claim to have new and…](https://sms4smile.com/quotes/jo-grimond/after-listening-to-the-debate-on-unemployment-i-can-see-a-danger-that/) [Jo Grimond](https://sms4smile.com/quotes/author/jo-grimond/) > [Our long-term objective is clear: to replace the Labour Party as the progressive wing of politics in this country.](https://sms4smile.com/quotes/jo-grimond/our-long-term-objective-is-clear-to-replace-the-labour-party-as-the/) [Jo Grimond](https://sms4smile.com/quotes/author/jo-grimond/) [Explore all 6 Jo Grimond quotes ](https://sms4smile.com/quotes/author/jo-grimond/) ## More All time quotes > [To be positive at all times is to ignore all that is important, sacred or valuable. To be negative at all times is to…](https://sms4smile.com/quotes/kurt-cobain/to-be-positive-at-all-times-is-to-ignore-all-that-is-important-sacred/) [Kurt Cobain](https://sms4smile.com/quotes/author/kurt-cobain/) > [One of our great allies at present is the Church itself. Do not misunderstand me. I do not mean the Church as we see…](https://sms4smile.com/quotes/c-s-lewis/one-of-our-great-allies-at-present-is-the-church-itself-do-not/) [C. S. Lewis](https://sms4smile.com/quotes/author/c-s-lewis/) > [Let us at all times remember that all American citizens are brothers of a common country, and should dwell together in bonds of fraternal…](https://sms4smile.com/quotes/abraham-lincoln/let-us-at-all-times-remember-that-all-american-citizens-are-brothers/) [Abraham Lincoln](https://sms4smile.com/quotes/author/abraham-lincoln/) > [I have learned so much from my dad. Perhaps the biggest thing I've learned from my dad is how to be prepared at all…](https://sms4smile.com/quotes/jay-sekulow/i-have-learned-so-much-from-my-dad-perhaps-the-biggest-thing-i-ve/) [Jay Sekulow](https://sms4smile.com/quotes/author/jay-sekulow/) > [I don't know whether we think in moving images or whether we think in still images. I have a suspicion that on our hard…](https://sms4smile.com/quotes/jon-snow/i-don-t-know-whether-we-think-in-moving-images-or-whether-we-think-in/) [Jon Snow](https://sms4smile.com/quotes/author/jon-snow/) > [I'm big on tomato mozzarella salad. That's my favorite all-time food.](https://sms4smile.com/quotes/jan-fields/i-m-big-on-tomato-mozzarella-salad-that-s-my-favorite-all-time-food/) [Jan Fields](https://sms4smile.com/quotes/author/jan-fields/) > [If you are my friend,you are down for me at all times,not just when it's convenient.](https://sms4smile.com/quotes/jasmine-v/if-you-are-my-friend-you-are-down-for-me-at-all-times-not-just-when/) [Jasmine V](https://sms4smile.com/quotes/author/jasmine-v/) > [At age 22 I set what I insist is an all-time record for distance hitchhiking in Bermuda shorts: 3,700 miles in three weeks.](https://sms4smile.com/quotes/hunter-s-thompson/at-age-22-i-set-what-i-insist-is-an-all-time-record-for-distance/) [Hunter S. Thompson](https://sms4smile.com/quotes/author/hunter-s-thompson/) > [Perhaps if only once you did enjoy The thousandth part of all the happiness A heart beloved enjoys, returning love, Repentant, you would surely…](https://sms4smile.com/quotes/torquato-tasso/perhaps-if-only-once-you-did-enjoy-the-thousandth-part-of-all-the/) [Torquato Tasso](https://sms4smile.com/quotes/author/torquato-tasso/) > [I think, as a filmmaker, it's important to be honest with yourself at all times in terms of what's working and what's not.](https://sms4smile.com/quotes/adam-wingard/i-think-as-a-filmmaker-it-s-important-to-be-honest-with-yourself-at/) [Adam Wingard](https://sms4smile.com/quotes/author/adam-wingard/) > [For all the concern about bodies and weight, 'Baywatch' has three huge catering trucks on the set at all times. One for entrees, one…](https://sms4smile.com/quotes/nicole-eggert/for-all-the-concern-about-bodies-and-weight-baywatch-has-three-huge/) [Nicole Eggert](https://sms4smile.com/quotes/author/nicole-eggert/) > ['Lost Boys' is one of my all-time faves. I just thought it would be great to be a vampire. I remember this movie called…](https://sms4smile.com/quotes/lena-headey/lost-boys-is-one-of-my-all-time-faves-i-just-thought-it-would-be/) [Lena Headey](https://sms4smile.com/quotes/author/lena-headey/) > [I have a constant kind of soundtrack going on at all times. I almost always have a song in my head. I'm very musically…](https://sms4smile.com/quotes/erin-davie/i-have-a-constant-kind-of-soundtrack-going-on-at-all-times-i-almost/) [Erin Davie](https://sms4smile.com/quotes/author/erin-davie/) > [Lord, make me less like Jonah and more like Jesus. Save me from being the kind of person who cares more about my comfort,…](https://sms4smile.com/quotes/colin-s-smith/lord-make-me-less-like-jonah-and-more-like-jesus-save-me-from-being/) [Colin S. Smith](https://sms4smile.com/quotes/author/colin-s-smith/) > [The key is to be in a state of permanent connectedness with your inner body - to feel it at all times. This will…](https://sms4smile.com/quotes/eckhart-tolle/the-key-is-to-be-in-a-state-of-permanent-connectedness-with-your/) [Eckhart Tolle](https://sms4smile.com/quotes/author/eckhart-tolle/) Browse all 1,525 All time quotes ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "The state owned monopolies are among the greatest millstones round the neck of the economy...Liberals must stress at all times the virtues of the market, not only for efficiency but to enable the widest possible choice...Much of what Mrs Thatcher and Sir Keith Joseph say and do is in the mainstream of liberal philosophy.", "creator": { "@type": "Person", "name": "Jo Grimond" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/jo-grimond/the-state-owned-monopolies-are-among-the-greatest-millstones-round/", "about": { "@type": "Thing", "name": "All time" }, "@id": "https://sms4smile.com/quotes/jo-grimond/the-state-owned-monopolies-are-among-the-greatest-millstones-round/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/18a/jo-grimond-56768_all-time_the-state-owned-monopolies-are-among-the_2445838.jpg", "contentUrl": "https://sms4smile.com/quotes/i/18a/jo-grimond-56768_all-time_the-state-owned-monopolies-are-among-the_2445838.jpg", "url": "https://sms4smile.com/quotes/i/18a/jo-grimond-56768_all-time_the-state-owned-monopolies-are-among-the_2445838.jpg", "width": 1080, "height": 1080, "caption": "“The state owned monopolies are among the greatest millstones round the neck of the economy...Liberals must…” — Jo Grimond", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "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": "Jo Grimond", "item": "https://sms4smile.com/quotes/author/jo-grimond/" }, { "@type": "ListItem", "position": 4, "name": "The state owned monopolies are among...", "item": "https://sms4smile.com/quotes/jo-grimond/the-state-owned-monopolies-are-among-the-greatest-millstones-round/" } ], "@id": "https://sms4smile.com/quotes/jo-grimond/the-state-owned-monopolies-are-among-the-greatest-millstones-round/#breadcrumb" }, { "@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 } } ] } ```