PHILOS 4 Lecture Notes - Lecture 6: United States House Committee On Oversight And Government Reform

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Has the virtue concerned with spending and using money. Does not mean giving away your money indiscriminately. Vice of excess: wastefulness - giving too much/taking too little. Vice of deficiency: ungenerosity -giving too little/taking too much. The generous person does this with pleasure, not pain. He/she will acquire from the right/legit sources, not the wrong sources. Will rarely have an excess will not easily get rich. Relates to people w/small or moderate means. Magnificence pertains specifically to people w/very large means and expenses. Ordinary generosity does not apply to these people. Like generosity, but w/heavy expenses and exceeds generosity in its large scale . Expression of the sensitivity of being able to spend large means. If you have small large means, you need to adjust to your circumstances. A magnificence person recognizes that and behaves accordingly. Spending a large amount for great purposes (ex. Public expenditures include building temples and organizing public spectacles.

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