"Extravagance, inefficiency, and waste are inherent in government, because nothing which government does is forced to meet the test of the market. Further, government does not even meet the internal criteria of rationality which the balance sheet and the profit and loss statement impose on every individual business enterprise. The power of government to pay for itself through taxes and deficits, and to force on people things which they do not really want, deprives government activity of any semblance of restraint."
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Businesspeople from the United StatesBusiness theorists from the United StatesSocial scientists from the United States
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Francis X. Sutton
Francis Xavier Sutton (July 7, 1917 - Dec. 18, 2012) was an American social scientist, official of the , and business theorist. Sutton received his BA at Temple in 1938, his MA at Princeton in 1940, and his PhD in sociology at Harvard in 1950.
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