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Rulers must strike a balance between generosity and frugality from "summary" of The Prince by Niccolo Machiavelli

A ruler who is entirely generous will soon exhaust his resources, while one who is too frugal will be viewed as stingy and miserly. Therefore, it is crucial for a ruler to find the middle ground between these two extremes. By being generous in a calculated manner, a ruler can gain the loyalty and admiration of his subjects. However, this generosity must be tempered with frugality to ensure the long-term stability and sustainability of the state. Generosity can be a powerful tool for a ruler to win over the hearts of his people. By bestowing favors, gifts, and other forms of largesse, a ruler can create a sense of gratitude and loyalty among his subjects. This can help to secure the support of the people and maintain stability within the state. However, if a ruler is too generous and gives away too much, he risks depleting his resources and weakening the state. On the other hand, frugality is also essential for a ruler to maintain the financial health of the state. By being prudent and careful with expenditures, a ruler can ensure that the state remains solvent and can weather any financial crises that may arise. However, if a ruler is excessively frugal and refuses to spend on necessary expenses, he may be viewed as penny-pinching and uncaring towards his subjects. Therefore, a ruler must find a balance between generosity and frugality. This means being generous when it is necessary to win over the people and maintain loyalty, but also being frugal when it comes to managing the finances of the state. By striking this balance, a ruler can ensure the stability and prosperity of his realm, while also maintaining the support and admiration of his subjects.
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    The Prince

    Niccolo Machiavelli

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