Skip to content

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.” quote by Adam Smith
Download Open image
“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.”

Adam Smith

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.

Key Takeaway

Demand accountability from leaders.

Themes

politics economics hypocrisy

Mood

critical analytical

Type

analysis political

When to use this quote

  • budget planning
  • tax policy
  • public administration
  • corporate governance

Key Concepts

public policy fiscal responsibility

Questions to Reflect On

  • What reforms could curb such hypocrisy?
  • How can citizens enforce fiscal discipline?
A Different Perspective

Complex economic systems may limit simple solutions.

3.0 out of 5 (3 ratings)

More by Adam Smith

Explore all 267 Adam Smith quotes

More Adam quotes

Browse all 1,360 Adam quotes