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Desirable Quote by Alfred Marshall

“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.” quote by Alfred Marshall
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“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 Marshall

About This Quote

Wealth includes all goods that satisfy human wants, directly or indirectly, but not every desirable item counts as wealth.

In simple terms: Wealth is what satisfies needs, not all desires.

Key Takeaway

Distinguish between true wealth and mere desire.

Themes

economics wealth needs

Mood

analytical thoughtful

Type

theoretical educational

When to use this quote

  • policy making
  • personal finance
  • market analysis

Key Concepts

utility value theory resource allocation

Questions to Reflect On

  • What criteria define wealth in your life?
  • How do you prioritize needs over wants?
A Different Perspective

Desirable items may be non‑economic or intangible.

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