Country Quote by Stephen A. Schwarzman
“We're so overregulated as a country that we just crushed our productivity.”
About This Quote
Source Interview: CNBC, 2023
Excessive regulation hampers national productivity and economic growth.
In simple terms: Too many rules hurt productivity.
Key Takeaway
Advocate balanced regulation.
Themes
regulation
productivity
economy
Mood
concerned
analytical
Type
political
economic
When to use this quote
- business planning
- policy reform
- entrepreneurship
Key Concepts
government policy
bureaucracy
Questions to Reflect On
- What regulations could be streamlined?
- How to balance safety and efficiency?
A Different Perspective
Regulation can also protect consumers and environment.
![“That country [Carthage] was rapidly sinking into the state of barbarism from whence it had been raised by the Phoenician colonies and Roman laws; and every step of intestine discord was marked by some deplorable victory of savage man over civilized society.” quote by Edward Gibbon](https://sms4smile.com/quotes/img-quotes/70c/edward-gibbon-710_barbarism_that-country-carthage-was-rapidly-sinkin_393.jpg)
