Past Presidents Had a Lot to Say About Free Enterprise

Feb 18, 2013

In honor of President's Day, we've gathered up some presidential quotes on the important role of business and free enterprise. 

“Agriculture, manufactures, commerce, and navigation, the four pillars of our prosperity, are the most thriving when left most free to individual enterprise.”—Thomas Jefferson

“Property is the fruit of labor; property is desirable; is a positive good in the world. That some should be rich shows that others may become rich, and hence is just encouragement to industry and enterprise.”—Abraham Lincoln

“The sole function of Government is to bring about a condition of affairs favorable to the beneficial development of private enterprise.”—Herbert Hoover


“If America is not to have free enterprise, he can have freedom of no sort whatever.”—Woodrow Wilson


“The government can supply no substitute for enterprise.”—Calvin Coolidge


“That's why we need a new approach to government….a government that is leaner, not meaner; a government that expands opportunity, not bureaucracy; a government that understands that jobs must come from growth in a vibrant and vital system of free enterprise.”—Bill Clinton

“Free enterprise has done more to reduce poverty than all the government programs dreamed up by Democrats.”—Ronald Wilson Reagan


“The role of government is not to create wealth; the role of our government is to create an environment in which the entrepreneur can flourish, in which minds can expand, in which technologies can reach new frontiers.”—George W. Bush

Subscribe for Updates

First Name:
Last Name:
 Daily   Weekly

The Challenge Cup: Follow the Global Tournament

Join the Discussion