One of the commonest things to do with savings is to lend them to some Government. In view of the fact that the bulk of the public expenditure of mos… - Bertrand Russell

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One of the commonest things to do with savings is to lend them to some Government. In view of the fact that the bulk of the public expenditure of most civilized Governments consists in payment for past wars or preparation for future wars, the man who lends his money to a Government is in the same position as the bad men in Shakespeare who hire murderers. The net result of the man's economical habits is to increase the armed forces of the State to which he lends his savings. Obviously it would be better if he spent the money, even if he spent it in drink or gambling.

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About Bertrand Russell

Bertrand Arthur William Russell, 3rd Earl Russell (May 18, 1872 – February 2, 1970) was a British philosopher, logician, mathematician, historian, and social critic. In 1950, he was awarded a Nobel Prize in Literature.

Biography information from Wikiquote

Also Known As

Birth Name: Bertrand Arthur William Russell
Alternative Names: Bertrand Russell, 3rd Earl Russell Bertrand Russell, Earl Russell Bertrand Arthur William Russell, 3rd Earl Russell Russell
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Additional quotes by Bertrand Russell

An individual may perceive a way of life, or a method of social organisation, by which more of the desires of mankind could be satisfied than under the existing method. If he perceives truly, and can persuade men to adopt his reform, he is justified. Without rebellion, mankind would stagnate, and injustice would be irremediable.

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