Free-livers on a small scale, who are prodigal within the compass of a guinea

Free-livers on a small scale, who are prodigal within the compass of a guinea

Washington Irving, a renowned American author, was known for his wit and humor in his writings. In his essay "The Art of Bookmaking," Irving discusses the concept of "free-livers on a small scale, who are prodigal within the compass of a guinea." This phrase refers to individuals who live extravagantly within their limited means, spending recklessly on small luxuries while neglecting larger responsibilities.

Irving uses this concept to highlight the folly of those who prioritize immediate gratification over long-term stability. He suggests that such individuals are shortsighted and lack the discipline to manage their resources wisely. By focusing on small indulgences, they fail to consider the bigger picture and ultimately harm themselves in the long run.