It is bad policy to regulate everything... where things may better regulate themselves and can be better promoted by private exertions; but it is no less bad policy to let those things alone which can only be promoted by interfering social power.
Friedrich ListAn individual, in promoting his own interest, may injure the public interest; a nation, in promoting the general welfare, may check the interest of a part of its members.
Friedrich ListIndustry entirely left to itself, would soon fall to ruin, and a nation letting everything alone would commit suicide.
Friedrich ListBut the general welfare must restrict and regulate the exertions of the individuals, as the individuals must derive a supply of their strength from social power.
Friedrich List