Finance was always Edwards III’s weak point. He had little understanding of the problems of taxation or credit and was bored by administration. He tended to fund his enterprises on a hand-to-mouth basis, without budgets or forecasts.

Another quote →

More quotes by Jonathan Sumption, Lord Sumption

All Jonathan Sumption, Lord Sumption quotes →

Attribution

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