"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"

This quote by Friedrich List speaks to the relevance of striking an equilibrium between federal government guideline and capitalism. Checklist argues that it misbehaves policy to regulate whatever, as some things can be better promoted by exclusive efforts. However, he also suggests that it is just as bad plan to allow those things alone which can just be advertised by conflicting social power. In other words, List is promoting for a balance between government law and private enterprise. He believes that government should only intervene when required, and that private enterprise needs to be permitted to take the lead for the most part. This quote talks to the importance of striking a balance in between government law as well as private enterprise in order to guarantee the most effective possible results. List's words are still appropriate today, as governments and private enterprises continue to struggle to discover the right balance between law and free enterprise.