But public works, economic protectionism, cheap money, "deficit-financed government spending," and "the animal spirits of the spendthrift in the service of boosting "consumption demand"... Doesn't Keynesianism simply appeal to the worst in human nature?
I wonder what spendthrift chose to spill Such a bright gold under my windowsill! Is it fair gold? Does it glitter still? Bless me! It's a daffodil!
If surface water can be compared with interest income, and non-renewable groundwater with capital, then much of the West was living mainly on interest income. California was milking interest and capital in about equal proportion. The plains states, however, were devouring capital as a gang of spendthrift heirs might squander a great capitalist's fortune.
A good many men and women want to get possession of secrets just as spendthrifts want to get money-for circulation.
All men have an equal right to the free development of their faculties ; they have an equal right to the impartial protection of that sovereign justice which is called the State ; but it is not true, it is against all tho laws of reason and equity, it is against the eternal nature of things, that the indolent man and the laborious man, the spendthrift and the economist, the imprudent and the wise, should obtain and enjoy an equal amount of goods.
In a country where nature has been so lavish and where we have been so spendthrift of indigenous beauty, to set aside a few rivers in their natural state should be considered an obligation.
When I caution you against becoming a miser, I do not therefore advise you to become a prodigal or a spendthrift.
As a thinker I keep discovering that beauty itself is as much a fact, and a mystery...I consider nature's facts -- its beautiful and grotesque forms and events -- in terms of the import to thought and their impetus to the spirit. In nature I find grace tangled in a rapture with violence; I find an intricate landscape whose forms are fringed in death; I find mystery, newness, and a kind of exuberant, spendthrift energy.
That we would do We should do when we would, for this 'would' changes, And hath abatements and delays as many As there are tongues, are hands, are accidents, And then this 'should' is like a spendthrift sigh, That hurts by easing.
What is charm then? The free giving of a grace, the spending of something given by nature in her role of spendthrift ... something extra, superfluous, unnecessary, essentially a power thrown away.
It is the highest impertinence and presumption, therefore, in kings and ministers to pretend to watch over the economy of private people, and to restrain their expense. They are themselves, always, and without any exception, the greatest spendthrifts in the society.
Sedition is bred in the lap of luxury and its chosen emissaries are the beggared spendthrift and the impoverished libertine.
Contrary to popular belief, prosperity is an emotional state that has little to do with your wealth or the state of the economy. You can feel more prosperous in a one-room cottage than most wealthy people feel in a twenty-room mansion. Misers will hoard a lot of money and spendthrifts will spend whatever they have - you don't have to do either to feel prosperous. You may have to give up your secure, high-paying corporate job, however - and grow spiritually in the process.
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