“No government should have the right to prevent another government from going into competition with it, or to require consumers of security to come exclusively to it for this commodity.”

— Gustave de Molinari

Source: The Production of Security (1849), p. 23.

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Gustave de Molinari 28

Belgian political economist and classical liberal theorist 1819–1912

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“The production of security should, in the interests of the consumers of this intangible commodity, remain subject to the law of free competition. … [N]o government should have the right to prevent another government from going into competition with it, or to require consumers of security to come exclusively to it for this commodity.”

Gustave de Molinari (1819–1912) Belgian political economist and classical liberal theorist

Source: The Production of Security (1849), p. 22

“The production of security should, in the interests of the consumers of this intangible commodity, remain subject to the law of free competition.”

Gustave de Molinari (1819–1912) Belgian political economist and classical liberal theorist

Source: The Production of Security (1849), p. 22–23.

“Competition does a much more effective job than government at protecting consumers.”

Thomas Sowell (1930) American economist, social theorist, political philosopher and author

Bogeyman Economics
1980s–1990s, Compassion Versus Guilt and Other Essays (1987)
Source: Compassion Versus Guilt, and Other Essays: And Other Essays

“It’s true that government cannot prevent all the downsides of the technological change and global competition”

Barack Obama (1961) 44th President of the United States of America

2013, Remarks on Economic Mobility (December 2013)
Context: It’s true that government cannot prevent all the downsides of the technological change and global competition that are out there right now, and some of those forces are also some of the things that are helping us grow. And it’s also true that some programs in the past, like welfare before it was reformed, were sometimes poorly designed, created disincentives to work. But we’ve also seen how government action time and again can make an enormous difference in increasing opportunity and bolstering ladders into the middle class. Investments in education, laws establishing collective bargaining, and a minimum wage -- these all contributed to rising standards of living for massive numbers of Americans.