All wealth consists of desirable things; that is, things which satisfy human wants directly or indirectly: but not all desirable things are reckoned as wealth.
Alfred MarshallRead
The most valuable of all capital is that invested in human beings
Interpretation
What this quote means
Investing in people yields the greatest returns over time.
Alfred Marshall emphasizes that the most significant form of capital is not financial but rather the investment made in the education, skills, and well-being of individuals. This perspective highlights the long-term benefits that arise from supporting and nurturing human potential, which is fundamental for the progress of society and the economy.
Themes
InvestmentHuman CapitalEducationGrowthDevelopment
In practice
Example use cases
In a business meeting when discussing the importance of training programs.
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I feel it is now my duty to speak to young women, to encourage them to have careers and, particularly, careers in science.
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