Political Quotes

Albert Beveridge: It should never be forgotten that true economy did not content itself with inquiring into the mere saving of the present…

On the record
It should never be forgotten that true economy did not content itself with inquiring into the mere saving of the present moment; it should take an enlarged view of the subject, and determine, on correct calculations, whether the consequence of a present saving might not be a much more considerable future expenditure.
Said by
Albert Beveridge
Republican · Indiana

Editor's note · Context

Marshall advocates for a broader perspective on economic decisions, warning against short-term savings that could lead to greater future costs.

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