Who said “Another great evil arising from this desire to be thought rich; or rather, from the…”?

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William Cobbett. A published source records them saying or writing it.

SourceAdvice to Young Men (1829), Letter 2

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“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 honored by the name of ''speculation''; but which ought to be called Gambling.”
VerifiedAdvice to Young Men (1829), Letter 2 · evidenceSpeculation
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For academic work, cite the original where you can: Advice to Young Men (1829), Letter 2.

APA

Cobbett, W. (n.d.). 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 honored by the name of ''speculation''; but which ought to be called Gambling. [Quotation]. Famous Quotations Network. Retrieved October 24, 2026, from https://www.famous-quotations.com/quotes/38527-another-great-evil-arising-from-this-desire-to/

MLA

Cobbett, William. “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 honored by the name of ''speculation''; but which ought to be called Gambling.” Famous Quotations Network, https://www.famous-quotations.com/quotes/38527-another-great-evil-arising-from-this-desire-to/. Accessed 24 Oct. 2026.

Chicago

Cobbett, William. “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 honored by the name of ''speculation''; but which ought to be called Gambling.” Famous Quotations Network. Accessed October 24, 2026. https://www.famous-quotations.com/quotes/38527-another-great-evil-arising-from-this-desire-to/.