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Daily Inspiration Quote by Harlan Stone

"To say that only those businesses affected with a public interest may be regulated is but another way of stating that all those businesses which may be regulated are affected with a public interest"

About this Quote

Stone is dismantling a legal magic trick: the idea that “public interest” is an objective label that cleanly separates the regulable from the untouchable. His sentence is a controlled detonation aimed at an old constitutional maneuver from the Lochner-era mindset, where courts treated markets as naturally private and regulation as an exceptional intrusion justified only when a business was “affected with a public interest.” Stone’s point is that the category is circular. If judges decide a business can be regulated, they can always retroactively declare it “public.” The phrase doesn’t limit power; it baptizes whatever outcome the court already prefers.

The specific intent is institutional, almost surgical: strip the doctrine of its aura and expose it as wordplay masquerading as principle. Stone, a lawyer-judge by temperament, is signaling skepticism toward judicially invented lines that invite courts to constitutionalize economics. The subtext is a warning about who gets to define “public interest.” In practice it isn’t a neutral social fact; it’s a legal conclusion reached after a political and economic judgment. That’s why the sentence reads like a tautology on purpose: he wants you to feel the trap shut.

Context matters: this is the early 20th-century struggle over the legitimacy of the administrative state and New Deal-style regulation. Stone is helping move constitutional law away from pretended economic certainties and toward a more candid stance: regulation is justified not by metaphysical categories, but by democratic governance and reasoned public purpose.

Quote Details

TopicJustice
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Citation Formats

APA Style (7th ed.)
Stone, Harlan. (2026, January 15). To say that only those businesses affected with a public interest may be regulated is but another way of stating that all those businesses which may be regulated are affected with a public interest. FixQuotes. https://fixquotes.com/quotes/to-say-that-only-those-businesses-affected-with-a-171077/

Chicago Style
Stone, Harlan. "To say that only those businesses affected with a public interest may be regulated is but another way of stating that all those businesses which may be regulated are affected with a public interest." FixQuotes. January 15, 2026. https://fixquotes.com/quotes/to-say-that-only-those-businesses-affected-with-a-171077/.

MLA Style (9th ed.)
"To say that only those businesses affected with a public interest may be regulated is but another way of stating that all those businesses which may be regulated are affected with a public interest." FixQuotes, 15 Jan. 2026, https://fixquotes.com/quotes/to-say-that-only-those-businesses-affected-with-a-171077/. Accessed 18 Feb. 2026.

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About the Author

Harlan Stone

Harlan Stone (October 11, 1872 - April 22, 1946) was a Lawyer from USA.

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