Agency Quote by Julius Genachowski
“From the very start, I thought there were four key principles that the agency should focus on: driving private investment, driving innovation, promoting competition, and protecting consumers.”
About This Quote
Source Speech: Remarks on Agency Priorities, 2009
Effective agencies focus on investment, innovation, competition, and consumer protection.
In simple terms: Four key priorities for agencies.
Key Takeaway
Align policies with these four pillars.
Themes
policy
innovation
competition
consumer protection
Mood
strategic
balanced
Type
policy
strategic
When to use this quote
- financial regulation
- technology policy
- consumer advocacy
- economic development
Key Concepts
regulation
public welfare
market dynamics
Questions to Reflect On
- How to ensure innovation does not harm consumers?
- What mechanisms protect competition?
A Different Perspective
Balancing innovation with consumer safety can be challenging.
![“We have no clear ideas of the agency of [demonic] spirits, nor is it necessary. The Scripture says little to satisfy our curiosity; but tells us plainly that he is always watching us, and desiring to sift us as wheat. I believe we give him no more than his due, when we charge him with having a…” quote by John Newton](https://sms4smile.com/quotes/img-quotes/c75/john-newton-6629_abundance_we-have-no-clear-ideas-of-the-agency-of_2907.jpg)
