QuoteProject
The value of a thing is the amount of laboring or work that its possession will save the possessor.
Henry George
ShareWTF𝕏

Interpretation

What this quote means

The worth of an item is measured by how much effort it can save the owner.

This quote by Henry George suggests that the true value of any object or possession lies not in its physical characteristics or aesthetic appeal, but rather in the labor and effort it saves the owner. In a practical sense, it emphasizes that efficiency and utility define value in our lives, guiding us to make choices based on the potential time and work we can save rather than superficial prestige.

Themes

ValueLaborWorkEfficiencyPossession

In practice

Example use cases

During a lecture on economics, this quote can be referenced to explain concepts of value and labor.

More from Henry George

Progressive societies outgrow institutions as children outgrow clothes.
Henry GeorgeRead
The march of invention has clothed mankind with powers of which a century ago the boldest imagination could not have dreamt.
Henry GeorgeRead
It is not the business of government to make men virtuous or religious, or to preserve the fool from the consequences of his own folly. Government should be repressive no further than is necessary to secure liberty by protecting the equal rights of each from aggression on the part of others, and the moment governmental prohibitions extend beyond this line they are in danger of defeating the very ends they are intended to serve.
Henry GeorgeRead
Poorly paid labor is inefficient labor, the world over.
Henry GeorgeRead
The protection of the masses has in all times been the pretense of tyranny - the plea of monarchy, of aristocracy, of special privilege of every kind. The slave owners justified slavery as protecting the slaves.
Henry GeorgeRead
So long as all the increased wealth which modern progress brings goes but to build up great fortunes, to increase luxury and make sharper the contrast between the House of Have and the House of Want, progress is not real and cannot be permanent.
Henry GeorgeRead

Similar quotes

There never has been a time in our history when work was so abundant or when wages were as high, whether measured by the currency in which they are paid or by their power to supply the necessaries and comforts of life.
Benjamin HarrisonRead
Policy makers should be compelled to take action given the serious costs of long-term unemployment when overall unemployment is already high. A week of unemployment is worse when it is experienced as part of a longer spell.
Janet YellenRead
Money is not capital in most of the developing countries. It's just cash. Because it lacks the institutional, organizational, managerial forms to turn it into capital.
Ashraf GhaniRead
You don't drive an economy by consuming - the consumer is not the engine, the consumer is the caboose.
Peter SchiffRead
If Europe today accounts for just over 7 per cent of the world's population, produces around 25 per cent of global GDP and has to finance 50 per cent of global social spending, then it's obvious that it will have to work very hard to maintain its prosperity and way of life.
Angela MerkelRead
It is particularly odd that economists who profess to be champions of a free-market economy, should go to such twists and turns to avoid facing the plain fact: that gold, that scarce and valuable market-produced metal, has always been, and will continue to be, by far the best money for human society.
Murray RothbardRead

A little wisdom, now and then

Subscribe for the occasional hand-picked quote. No noise.