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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.

Millicent Fawcett

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Millicent Fawcett
Age: 82 †
Born: 1847
Born: June 11
Died: 1929
Died: August 5
Feminist
Politician
Writer
Aldeburgh
Suffolk
Millicent Garrett
Dame Millicent Garrett Fawcett
Millicent Fawcett
Made
Waste
Saving
Decreases
Good
Based
False
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Therefore
Economics
Extravagance
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Respecting
Upon
Spending
Decrease
Living
Notion
Notions
Often
Result
Capital
Riotous
Country
Trade
Substance
Spendthrift

More quotes by Millicent Fawcett

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Every one must be familiar with the often expressed opinion, that, as a practical politician, Mr. Mill's career was essentially a failure.
Millicent Fawcett
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If, however, the success of a politician is to be measured by the degree in which he is able personally to influence the course of politics, and attach to himself a school of political thought, then Mr. Mill, in the best meaning of the words, has succeeded.
Millicent Fawcett
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What is true of Mr. Mill's influence on the women's-suffrage question is true also of the other political movements in which he took an active interest.
Millicent Fawcett
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I can never feel that setting fire to houses and churches and litter boxes and destroying valuable pictures really helps to convince people that women ought to be enfranchised.
Millicent Fawcett
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A demand for commodities is not a demand for labor. The demand for labor is determined by the amount of capital directly devoted to the remuneration of labor: the demand for commodities simply determines in what direction labor shall be employed.
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There is little doubt that the majority of Mr. Mills supporters in 1865 did not know what his political opinions were, and that they voted for him simply on his reputation as a great thinker.
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No circumstance would prevent over-population so effectually as a general raising of the customary standard of comfort among the poorer classes. If they had accustomed themselves to a more comfortable style of living, they would use every effort not again to sink below it.
Millicent Fawcett
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The assertion of failure coming from such persons does not mean that Mr. Mill failed to promote the practical success of those objects the advocacy of which forms the chief feature of his political writings.
Millicent Fawcett
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What draws men and women together is stronger than the brutality and tyranny which drive them apart.
Millicent Fawcett