Done Quote by John Maynard Keynes
“The important thing for Government is not to do things which individuals are doing already, and to do them a little better or a little worse; but to do those things which at present are not done at all.”
About This Quote
Source Speech: Economic Policy Lecture, 1936
Governments should create services that private individuals do not provide, rather than merely replicating existing private efforts.
In simple terms: Focus on unique public roles, not copying the market.
Key Takeaway
Identify gaps and fill them with public solutions.
Themes
public policy
innovation
efficiency
Mood
analytical
critical
Type
policy
strategic
When to use this quote
- healthcare
- education
- infrastructure
- environmental protection
Key Concepts
public goods
market failure
state intervention
Questions to Reflect On
- What needs are unmet by the private sector?
- How can government improve without duplicating private work?
A Different Perspective
Public action can be inefficient if not properly targeted.
![“I've used the Phoenix Centrifuge to replicate what the body's going to go through on the flight up. I've also done some gravity tests with ZERO-G [a charter-flight service in Arlington, Va., that uses modified Boeing 727s to simulate weightlessness], which went great.” quote by Richard Branson](https://sms4smile.com/quotes/img-quotes/aa1/richard-branson-256_adventure_i-ve-used-the-phoenix-centrifuge-to-repl_903.jpg)
