出典(authority):フリー百科事典『ウィキペディア(Wikipedia)』「2013/02/19 20:47:13」(JST)
A spendthrift (also called profligate) is someone who spends money prodigiously and who is extravagant and recklessly wasteful, often to a point where the spending climbs well beyond his or her means. The word derives from an obsolete sense of the word "thrift" to mean prosperity rather than frugality,[1] so that a "spendthrift" is one who has spent his prosperity.[2]
Historical figures who have been characterized as spendthrifts include German philosopher Karl Marx[3][4] George IV of Great Britain,[citation needed] King Ludwig II of Bavaria,[citation needed] and Marie Antoinette.[5]
The term is often used by the press as an adjective applied to governments who are thought to be wasting public money.[6][7]
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William Hogarth's A Rake's Progress (1732–33) displays in a series of paintings the spiralling fortunes of a wealthy but spendthrift son and heir who loses his money, and who as a consequence is imprisoned in the Fleet Prison and ultimately Bedlam.
The modern legal remedy for spendthrifts is usually bankruptcy. However, during the 19th and 20th centuries, a few jurisdictions, such as the U.S. states of Oregon and Massachusetts, experimented with laws under which the family of such a person could have him legally declared a "spendthrift" by a court of law.[8] In turn, such persons were considered to lack the legal capacity to enter into binding contracts.[9][10] Even though such laws made life harder for creditors (who now had the burden of ensuring that any prospective debtor had not been judicially declared a spendthrift), they were thought to be justified by the public policy of keeping a spendthrift's family from ending up in the poorhouse or on welfare.[11] Such laws have since been abolished — in some countries — in favour of modern bankruptcy, which is more favourable to creditors.
Receivership is another equitable remedy for a spendthrift, by which a state-court-appointed trustee or attorney manages and sells the property of the debtor in default on debts.
In conservatorship, a fiduciary handles both the personal affairs and paying the debts of an incapacitated person. Infamously, Theodore Roosevelt was conservator for his brother Elliott Roosevelt I.
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