It is better that a man should tyrannise over his bank balance than over his fellow-citizens and whilst the former is sometimes denounced as being but a means to the latter, sometimes at least it is an alternative.
About this quote
- What does it mean?
- Tyrannizing your bank balance is better than tyrannizing other citizens.
- In plain terms
- Being strict with your own money is better than controlling others.
- What can you take from it?
- Self-discipline is preferable to political domination.
Where it applies
Putting it to work
Questions to consider
- Is self-restraint enough?
- What is tyranny?
Another view
It implies financial control is harmless.
More from John Maynard Keynes
There are no intrinsic reasons for the scarcity of capital.
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