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Quote from Adam Smith,

"It is the highest impertinence and presumption, therefore, in kings and ministers to pretend to watch over the economy of private people, and to restrain their expense. ... They are themselves always, and without exception, the greatest spendthrifts in the society. Let them look well after their own expense, and they may safely trust private people with theirs."



By:

Adam Smith (more quotes by Adam Smith or books by/about Adam Smith)


(1723-1790) Scottish philosopher and economist

Categories:

Economics, Frugality, Government, Monarchy, Property, Theft, Trust

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