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

— Edmund Burke, A Letter to a Noble Lord

A Letter to a Noble Lord (1796)

Adopted from Wikiquote. Last update June 3, 2021. History

Help us to complete the source, original and additional information

Do you have more details about the quote "Mere parsimony is not economy. Expense, and great expense, may be an essential part in true economy." by Edmund Burke?

Edmund Burke270

Anglo-Irish statesman 1729–1797

Related quotes

“Forgiveness is the economy of the heart.…forgiveness saves the expense of anger, the cost of hatred, the waste of spirits.”

Hannah More (1745–1833) English religious writer and philanthropist

“Every government interference in the economy consists of giving an unearned benefit, extorted by force, to some men at the expense of others.”

Ayn Rand book Capitalism: The Unknown Ideal

Capitalism: The Unknown Ideal (1966)

“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.”

Edmund Burke A Letter to a Noble Lord

A Letter to a Noble Lord (1796)

“In the consumer economy taste is not the criterion in the marketing of expensive soft drinks, usability is not the primary criterion in the marketing of home and office appliances. We are surrounded with objects of desire, not objects of use.”

Donald A. Norman book The Design of Everyday Things

Source: The Design of Everyday Things (1988, 2002), Ch. 7, p. 216.

“The most expensive part of building is the mistakes.”

Ken Follett book The Pillars of the Earth

Source: The Pillars of the Earth

“It would be, however, a fatal mistake to establish an expensive system of education on the model of the advanced countries which would have little relevance to local needs and would be beyond the means of the national economy. It is necessary to evolve a system, through experimentation and trial and success, which would be within the means of the national economy.”

Prasanta Chandra Mahalanobis (1893–1972) Indian scientist

Quote, Prasanta Chandra Mahalanobis in Vigyanprasar

“Economy is essential to all good fart.”

Jerry Seinfeld (1954) American comedian and actor

As quoted in radio interview http://www.npr.org/templates/story/story.php?storyId=15771045 with Dave Davies, "Fresh Air", NPR (30 October 2007)

“We are far from understanding how to achieve adaptively efficient economies because allocative efficiency and adaptive efficiency may not always be consistent. Allocatively efficient rules would make today's firms and decisions secure - but frequently at the expense of the creative destruction process that Schumpeter had in mind.”

Douglass C. North (1920–2015) American Economist

Source: Institutions (1990), p. 81; Ch. 9 : Organizations, learning, and institutional change

“I’m running for President to build an economy that works for everyone, not just those at the top. And based on what we know from the Trump campaign, he wants America to work for him and his friends, at the expense of everyone else.”

Hillary Clinton (1947) American politician, senator, Secretary of State, First Lady

Presidential campaign (April 12, 2015 – 2016), Speech in Warren, Michigan (August 11, 2016)

“…faced with a choice between an agreement that is to the advantage of the peoples of Europe and one that bolsters their own power within the EU institutions at the expense of Europe’s social economies, the Brussels establishment, and the powerful politicians behind them, will choose the latter every time.”

Yanis Varoufakis (1961) Greek-Australian political economist and author, Greek finance minister

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

Help us to complete the source, original and additional information

Edmund Burke270

Related quotes

Related topics