The practice, therefore, of contracting debt will almost infallibly be abused, in every government. It would scarcely be more imprudent to give a prodigal son a credit in every banker’s shop in London, than to impower a statesman to draw bills, in this manner, upon posterity.
Indeed, here's a question: haven't the only times the West has leaped ahead, been those times when revolutions, either philosophical, industrial or technological, pushed for some short glorious periods the influence of politicians back - and their racking up of debt to enslave the future to them - so free men were given the oxygen to do what markets allow them to do best: innovate and increase the living standards of all of us?
Poor old David Hume - branded evil by the philosophically prudish simply for pointing out that the emperor wears no clothes.
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