The correct answer is C. Government should not play a role in the free market.
Step-by-step explanation
Emerson's passage expresses the idea that government intervention is not necessary for the economic sphere by saying "Do not legislate ... make equal laws: ensure life and property, and do not need to give charity." According to this idea, it can be established that Emerson is based on the idea of Adam Smith about the non-interference of the government in economic matters, allowing the free market. Additionally, Emerson establishes that if the government guarantees other rights, the free market will be balanced by itself saying "Wealth brings with it its own checks and balances". According to the above, the correct answer is C.