Quote by Francis Wright
We hear of the wealth of nations, of the powers of production, of the demand and supply of markets, and we forget that these words mean no more, if they mean any thing, then the happiness, and the labor, and the necessities of men.
Summary
This quote emphasizes that when discussing economic concepts like wealth and production, we should not lose sight of the fact that these abstract terms ultimately refer to the well-being and needs of individuals. It criticizes the tendency to focus solely on economic indicators without considering the actual impact on people's lives. The quote reminds us that economic discussions should not be detached from the realities of human happiness, labor, and basic necessities.