“capital is the result of saving, and not of spending. The spendthrift who wastes his substance in riotous living decreases the capital of the country, and therefore the excuse often made for extravagance, that it is good for trade, is based upon false notions respecting capital.”
Quote by Millicent Fawcett
Work
Political Economy for Beginners
This book provides an accessible introduction to the study of political economy, covering key concepts, theories, and historical perspectives. It aims to demystify complex economic ideas and their implications for society, making the subject more approachable for beginners. more
Author
Millicent Fawcett
Millicent Fawcett was a British writer and social activist, born on June 11, 1847, and died on August 5, 1929. She is renowned for her unwavering support of women's suffrage and is a significant figure in the British women's suffrage movement. more
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