Saying Origin: Socialize the Costs and Privatize the Profits

W. H. Wakinshaw? Erma Angevine? Karl Brandt? Harold Davies? Anonymous? Question for Quote Investigator: Critics of politicians and regulators complain about the preferential treatment given to some companies which act irresponsibly. A company that makes a risky bet or sells a dubious product is protected from the negative consequences by governmental intervention. Yet the same …