The necessity of every one paying in his own labor for what he consumes, affords the only legitimate and effectual check to excessive luxury, which has so often ruined individuals, states, and empires; and which has now brought almost universal bankruptcy upon us.

What It Means

This is a placeholder explanation generated by the low-overhead model. It interprets "The necessity of every one paying in his own labor for what he consumes, affords the only legitimate and effectual check to excessive luxury, which has so often ruined individuals, states, and empires; and which has now brought almost universal bankruptcy upon us." in the context of "" to mean that wisdom is timeless.