Quotation by William Cobbett

Another great evil arising from this desire to be thought rich; or rather, from the desire not to be thought poor, is the destructive thing which has been honoured by the name of "speculation"; but which ought to be called Gambling.
William Cobbett (1762–1835), British journalist, reformer. "To a Young Man," letter 2, Advice to Young Men and to Young Women (1829, repr. 1930).
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