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Economics Quote by Edmund Burke

“Mere parsimony is not economy. Expense, and great expense, may be an essential part in true economy.” quote by Edmund Burke
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“Mere parsimony is not economy. Expense, and great expense, may be an essential part in true economy.”

Edmund Burke

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.

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.

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