“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.”

Source: A Treatise On Political Economy (Fourth Edition) (1832), Book III, On Consumption, Chapter I, note 2

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Jean-Baptiste Say 72
French economist and businessman 1767–1832

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