Quote by Andrew Jackson

The duty of government is to leave commerce to its own capital and credit as well as all other branches of business, protecting all in their legal pursuits, granting exclusive privileges to none.


The duty of government is to leave commerce to its own capit

Summary

This quote suggests that the role of government should be minimal and non-interventionist when it comes to commerce and the economy. Government should refrain from favoring certain businesses or granting them exclusive privileges, and instead focus on protecting the legal rights and pursuits of all businesses equally. It implies that the natural forces of capital and credit, along with market competition, should determine the success and failures of businesses, without government interference.

Topics

Business
By Andrew Jackson
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