What a country wants to make it richer is never consumption, but production. Where there is the latter, we may be sure that there is no want of the former. To produce, implies that the producer desires to consume; why else should he give himself useless labor? He may not wish to consume what he himself produces, but his motive for producing and selling is the desire to buy. Therefore, if the producers generally produce and sell more and more, they certainly also buy more and more.

John Stuart Mill (1806-1873) English philosopher and economist
“The Consumer Theory of Prosperity” (1830)
Added on 27-Apr-16 | Last updated 27-Apr-16
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