Business Quote by Thomas A. Edison
“There is far more danger in public than in private monopoly, for when Government goes into business it can always shift its losses to the taxpayers. Government never makes ends meetand that is the first requisite of business.”
About This Quote
Government involvement in business can hide losses from the public, creating fiscal irresponsibility.
In simple terms: Public risk when government runs businesses.
Demand transparency and accountability in public enterprises.
Themes
Mood
Type
When to use this quote
- policy analysis
- economic debate
- public finance
Key Concepts
Questions to Reflect On
- Should government run profit‑driven enterprises?
- How can losses be fairly allocated?
Government may lack profit motive, leading to inefficiency.