From Bastiat Institute
Lao-Tzu (AKA Lao-Tze) was an ancient Chinese philosopher. The full quote is just as interesting and insightful:
The greater the number of laws and enactments, the more thieves and robbers there will be. Therefore the Sage says: "So long as I do nothing, the people will work out their own reformation. So long as I love calm, the people will right themselves. If only I keep from meddling, the people will grow rich. If only I am free from desire, the people will come naturally back to simplicity."