Be good Quote by William McChesney Martin
“What's good for the United States is good for the New York Stock Exchange. But what's good for the New York Stock Exchange might not be good for the United States.”
About This Quote
The statement highlights a conflict of interest between national policy and market interests, implying they don’t always align.
In simple terms: US goals and stock exchange goals can clash.
Balance national welfare with market health.
Themes
Mood
Type
When to use this quote
- legislation
- investment decisions
- trade negotiations
- corporate strategy
Key Concepts
Questions to Reflect On
- Should profit ever outweigh public interest?
- How can policymakers ensure mutual benefit?
Market pressures can dominate policy, risking public good.