Mere parsimony is not economy. Expense, and great expense…
“Mere parsimony is not economy. Expense, and great expense, may be an essential part in true economy.”
About This Quote
This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.
True economic health sometimes requires large expenditures; frugality alone cannot achieve prosperity.
In simple terms: Spending can be essential for real economic success.
Key Takeaway
Balance saving with strategic investment.
Themes
economics
investment
balance
Mood
analytical
serious
Type
philosophical
economic
When to use this quote
- government budgeting
- business planning
- personal finance
Key Concepts
resource allocation
public policy
Questions to Reflect On
- When is spending justified?
- How do you measure economic efficiency?
A Different Perspective
Over‑investment can lead to wasteful spending.