There is no jewel in the world comparable to learning; no learning so excellent both for Prince and subject, as knowledge of laws; and no knowledge of any laws so necessary for all estates and for all causes, concerning goods, lands or life, as the common laws of England.

Summary

This quote emphasizes the immense value and importance of knowledge and learning, particularly in relation to understanding and applying the laws of England. It highlights that no material possession can match the worth of knowledge, and learning about laws is invaluable for both rulers and citizens alike. In the context of its time, it suggests that having a comprehensive understanding of the common laws of England is necessary for all societal classes, as they are applicable to all aspects of life such as wealth, property, and personal security.