The objects of a financier are, then, to secure an ample revenue; to impose it with judgment and equality; to employ it economically; and, when necessity obliges him to make use of credit, to secure its foundations in that instance, and for ever, by the clearness and candour of his proceedings, the exactness of his calculations, and the solidity of his funds.
About this quote
- What does it mean?
- Burke outlines the duties of a financier: secure revenue, impose it fairly, use it economically, and maintain credit through transparency.
- In plain terms
- Financiers must manage money wisely and honestly to keep trust.
- What can you take from it?
- Transparent financial management builds lasting trust.
Where it applies
Putting it to work
Questions to consider
- How do you maintain credit during crisis?
Another view
Idealistic standards may clash with political realities.
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