President Reagan’s visit to the NYSE in 1985 marked the first time a sitting president had visited the Exchange.
On its website, the NYSE has "A Tribute to President Ronald Reagan
," highlighting President Reagan's two visits to the"nerve center of entrepreneurial capitalism," and featuring Reagan's core beliefs as communicated to members of the IMF and the World Bank in September 1981 during Reagan's first administration:
"We who live in free market societies believe that growth, prosperity and, ultimately, human fulfillment are created from the bottom up, not the government down. Only when the human spirit is allowed to invent and create, only when individuals are given a personal stake in deciding economic policies and benefiting from their success – only then can societies remain alive, dynamic, prosperous, progressive and free.
Trust the people. This is the one irrefutable lesson of the entire post-war period, contradicting the notion that rigid government controls are essential to economic development. The societies that have achieved the most spectacular, broad-based progress are neither the most tightly controlled, nor the biggest in size, nor the wealthiest in natural resources. No, what unites them all is their willingness to believe in the magic of the marketplace."