Business Quote by Timothy Noah
“When businesses affirmatively like regulations, that's when to reach for your wallet.”
About This Quote
Source Article: The New York Times, “Regulation and Business”, 2020
Regulations are often resisted, but when businesses support them, consumers should be cautious about spending.
In simple terms: Supportive regulations may signal hidden costs for consumers.
Watch where you spend when firms back regulations.
Themes
Mood
Type
When to use this quote
- investing
- shopping
- political activism
Key Concepts
Questions to Reflect On
- Do you research a company's motives before buying?
- How can you verify if regulation support benefits you?
Regulation support can be a marketing ploy, not a guarantee of quality.