Adam Quote by 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 any exception, the greatest spendthrifts in the society.”
About This Quote
Critique of government officials pretending to regulate private spending while themselves being the greatest spendthrifts.
In simple terms: Officials claim to control spending but waste money.
Demand accountability from leaders.
Themes
Mood
Type
When to use this quote
- budget planning
- tax policy
- public administration
- corporate governance
Key Concepts
Questions to Reflect On
- What reforms could curb such hypocrisy?
- How can citizens enforce fiscal discipline?
Complex economic systems may limit simple solutions.