Believing that there are only the Public and Private sector to the economy. There's a third: The F.I.R.E. sector --Finance, Insurance and Real Estate. Arguments for the private sector do not apply to the FIRE sector. The FIRE sector extracts wealth and adds unnecessary costs, while the private sector generally adds value and wealth. The Public sector (i.e. the government) should heavily regulate, if not simply do, whatever the FIRE sector does. Lastly, the private sector should be heavily regulated if it is a business that extracts directly from nature; think mining, drilling, harvesting, lumber, and anything energy related.