Quote by Leland Stanford
Many writers upon the science of political economy have declared that it is the duty of a nation first to encourage the creation of wealth and second, to direct and control its distribution. All such theories are delusive.
Summary
This quote suggests that some writers argue that a nation's primary responsibility is to promote the generation of wealth and then regulate its distribution. However, the quote dismisses these theories as deceptive or misleading. The quote may imply that focusing solely on wealth creation and control overlooks important factors or fails to address the bigger picture of an equitable and prosperous society.