In times of political confusion, and under an arbitrary…
“In times of political confusion, and under an arbitrary government, many will prefer to keep their capital inactive, concealed, and unproductive, either of profit or gratification, rather than run the risk of its display. This latter evil is never felt under a good government.”
About This Quote
This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.
Warns that under arbitrary rule, people hide capital, stifling economic activity, unlike under good governance.
In simple terms: Bad government hides wealth.
Key Takeaway
Advocate for transparent, stable institutions.
Themes
economics
government
capital
Mood
analytical
cautious
Type
philosophical
political
When to use this quote
- investment strategies
- policy advocacy
- entrepreneurship
Key Concepts
political economy
property rights
risk management
Questions to Reflect On
- How does trust affect investment?
- What policies encourage capital openness?
A Different Perspective
Capital hiding may also be a protective measure.