Chapter Four, Self-Interest and the Public Interest: Taxes, Debts, and Deficits, p. 64
“

To suggest that the global market-place of the twenty first century there will be no role for the state and the public sector is clearly nonsense.

— Bob Rae

What It Means

This is a placeholder explanation generated by the low-overhead model. It interprets "To suggest that the global market-place of the twenty first century there will be no role for the state and the public sector is clearly nonsense." in the context of "Chapter Four, Self-Interest and the Public Interest: Taxes, Debts, and Deficits, p. 64" to mean that wisdom is timeless.

Quote Image
Source: Wikiquote: "Bob Rae" (Quotes, The Three Questions - Prosperity and the Public Good (1998)) The 'What it means' explanation text was generated by Google Gemini Flash (accessed January 18, 2026). https://gemini.google.com/app
Bob Rae

About Bob Rae

Robert Keith "Bob" Rae, PC, OC, OOnt, QC, MP (born August 2, 1948) is a Canadian politician. He was the Member of Parliament for Toronto Centre and sits in the Canadian House of Commons as the Liberal opposition's foreign affairs critic. He currently serves as Canadian Permanent Representative to the United Nations under Prime Minister Justin Trudeau.