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, either by sumptuary laws, or by prohibiting the importation of foreign luxuries. They are themselves always, and without any exception, the greatest spendthrifts in the society. Let them look well after their own expense, and they may safely trust private people with theirs. If their own extravagance does not ruin the state, that of the subject never will.
About this quote
- What does it mean?
- Leaders should not control private spending since they are often wasteful themselves. Government should focus on its own economy.
- In plain terms
- Kings should not regulate private spending because they waste the most.
- What can you take from it?
- Critics should scrutinize public spending before regulating private ones.
Where it applies
Putting it to work
Questions to consider
- Who spends public money wisely?
- Should private spending be restricted?
Another view
Private spending can also harm the economy.
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