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An 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 List

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Friedrich List
Age: 67 †
Born: 1779
Born: August 6
Died: 1846
Died: November 30
Diplomat
Economist
Entrepreneur
Journalist
Politician
University Teacher
Georg Friedrich List
Part
Welfare
May
General
Members
Nation
Public
Injure
Nations
Promoting
Interest
Check
Individual
Checks

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The relationship I have to my fatherland is like that of mothers with crippled children: they love them all the more, the more crippled they are. Germany is the background of all my plans, the return to Germany.
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Only now did I recognize the reciprocal relationship which exists between manufacturing power and the national system of transportation, and that the one can never develop to its fullest without the other.
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But 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.
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Look around, and you see everywhere the exertions and acts of individuals restricted, regulated, or promoted, on the principle of the common welfare.
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Industry entirely left to itself, would soon fall to ruin, and a nation letting everything alone would commit suicide.
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