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May 17, 2012

"People in the education and political establishments pretend

they're not motivated by such "callous" motives as greed and profits.
These people "care" about us, but from which areas of our lives do we derive the greatest pleasures and have the fewest complaints, and from which areas do we have the greatest headaches and complaints? We tend to have a high satisfaction level with goods and services like computers, cell phones, movies, clothing and supermarkets. These are areas where the motivations are greed and profits. Our greatest dissatisfaction is in areas of caring and no profit motive such as public education, postal services and politics. Give me greed and profits, and you can keep the caring." -- Walter Williams quoted at CARPE DIEM

Posted by gerardvanderleun at May 17, 2012 11:13 AM. This is an entry on the sideblog of American Digest: Check it out.

Your Say

Profits demand discipline, raise quality, and lower costs. Non-profits are the refuge of second-rate minds with first-rate ambitions, like government.

Posted by: james wilson at May 17, 2012 7:52 PM

Mr. Wilson: They do, do they? Tell me; quality and customer satisfaction in the banking and legal "professions"?

Posted by: Fletcher Christian at May 19, 2012 2:27 AM

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