Economy is a distributive virtue, and consists not in…
“Economy is a distributive virtue, and consists not in saving but selection. Parsimony requires no providence, no sagacity, no powers of combination, no comparison, no judgment.”
About This Quote
This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.
True economy means choosing the right things, not merely saving; wise selection is the key virtue.
In simple terms: Economy is about smart choices, not just hoarding.
Prioritize quality over quantity in spending.
Themes
Mood
Type
When to use this quote
- personal budgeting
- business investment decisions
- public policy planning
Key Concepts
Questions to Reflect On
- What criteria guide your selections?
- How do you balance frugality with quality?
Selection can be biased by limited information or personal prejudice.