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“To cherish and stimulate the activity of the human mind, by multiplying the objects of enterprise, is not among the least considerable of the expedients, by which the wealth of a nation may be promoted.”
Meaning & context
Hamilton argues that a wider variety of productive pursuits can encourage enterprise and contribute to national economic activity.
Source details
Final Report on the Subject of Manufactures, December 5, 1791, preserved by Founders Online / National Archives. The sentence appears in Hamilton’s argument for diversifying occupations and manufacturing activity. It is eighteenth-century political economy and policy advocacy, not current economic or investment guidance.