Parsimony vs. Economy

I have read of some budget proposals in Canada that call for cuts strait across the board. Edmond Burke calls this approach ‘parsimony’. I like this word – parsimony. It sounds like something Id like to have with my apple pie. Parsimony 1. Unusual or excessive frugality; extreme economy or stinginess. 2. Adoption of the … Read more

Burke on Temperate vs. Hot Reform

In 1780 Edmund Burke was appointed to the lucrative position of Paymaster to the forces. At this time, paymasters were allowed to lend out excess money in their accounts at interest, thus taking risk with and profiting from public money (does this sound familiar anybody?). Burke put an end to this practice and accepted a … Read more