Economics Quote by Edmund Burke
“Mere parsimony is not economy. Expense, and great expense, may be an essential part in true economy.”
About This Quote
Source Essay: Thoughts on the Economy, 1790
True economic health sometimes requires large expenditures; frugality alone cannot achieve prosperity.
In simple terms: Spending can be essential for real economic success.
Balance saving with strategic investment.
Themes
Mood
Type
When to use this quote
- government budgeting
- business planning
- personal finance
Key Concepts
Questions to Reflect On
- When is spending justified?
- How do you measure economic efficiency?
Over‑investment can lead to wasteful spending.