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" "No man of sense can put himself and his soul under the control of names... You must consider courageously and thoroughly and not accept anything carelessly.
Plato (Πλάτων Plátōn; c. 427 BC – c. 347 BC) was a Greek philosopher from Athens during the Classical period in Ancient Greece, founder of the Platonist school of thought and the Academy (Akademia), the first institution of higher learning in the Western world.
Biography information from Wikiquote
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Since those who rule in the city do so because they own a lot, I suppose they're unwilling to enact laws to prevent young people who've had no discipline from spending and wasting their wealth, so that by making loans to them, secured by the young people's property, and then calling those loans in, they themselves become even richer and more honored.