Authors:
  • Capitals are increased by parsimony, and diminished by prodigalityand misconduct. By what a frugal man annually saves he not onlyaffords maintenance to an additional number of productive hands?but?he establishes as it were a perpetual fund for the maintenance of an equal number in all times to come.

    1776 An Inquiry into the Nature and Causes of the Wealth of Nations, bk.2, ch.3.