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ECONOMY, n. Purchasing the barrel of whiskey that you do not need for the price of the cow that you cannot afford.

— Ambrose Bierce The Cynic's Dictionary (1906)

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More quotes by Ambrose Bierce

When lost in a forest go always down hill. When lost in a philosophy or doctrine go upward.

An army's bravest men are its cowards. The death which they would not meet at the hands of the enemy they will meet at the hands of their officers, with never a flinching.

What I Saw At Shiloh (1881)

The gambling known as business looks with austere disfavor upon the business known as gambling.

O proud philanthropist, your hope is vain
To get by giving what you lost by gain.

When prosperous the fool trembles for the evil that is to come; in adversity the philosopher smiles for the good that he has had.

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We must do away with the absolutely specious notion that everybody has to earn a living.

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Economics is on the side of humanity now.

Isaac Asimov Empire novels (1950)

Since the state must necessarily provide subsistence for the criminal poor while undergoing punishment, not to do the same for the poor who have not offended is to give a premium on crime.

John Stuart Mill Principles of Political Economy (1848)

Economy, in the estimation of common minds, often means the absence of all taste and comfort.

Sydney Smith Lady Holland's Memoir (1855)

Attribution

Quote text and notes from Wikiquote: Ambrose Bierce (page history), available under CC BY-SA 4.0. Source quality and labels are our own summary of what Wikiquote records.