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Areas Quote by Lawrence Fertig

“Whenever there is some trouble in any area of the economy, the simplest solution to many people is "Let the government fix it." Yet ... every time the government uses its money or its power to favor this group or that ... the net result is such a web of supports, subsidies, interventions and…” quote by Lawrence Fertig
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“Whenever there is some trouble in any area of the economy, the simplest solution to many people is "Let the government fix it." Yet ... every time the government uses its money or its power to favor this group or that ... the net result is such a web of supports, subsidies, interventions and controls that it is almost impossible for a nation to find its way back into a dynamic system of really free enterprise.”

Lawrence Fertig

About This Quote

Government intervention in the economy, while intended to help, often creates a complex web of subsidies and controls that can stifle free enterprise.

In simple terms: Government fixes can trap economies in dependency.

Key Takeaway

Assess impact of economic policies.

Themes

economics government policy intervention free market

Mood

analytical critical concerned

Type

Areas:0 Economics:1 Economy:1 Enterprise:0 Favors:0 Free enterprise:1 Government:1 Groups:0 Impossible:0 Intervention:1 Libertarian:0 Libertarianism:0 Liberty:0 Nations:0 People:0 Politics:0 Results:0 Simplest:0 Solutions:0 Subsidies:1 Support:0 Trouble:0 Use:0 Way:0 Government Fix:1 Let Government:0 Economy Simplest:0 Subsidies Interventions:0

When to use this quote

  • business planning
  • legislative advocacy
  • public debate

Key Concepts

political economy public policy finance

Questions to Reflect On

  • When is intervention justified?
  • How to minimize long‑term dependency?
A Different Perspective

Intervention may be necessary in crises.

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