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The greatness of an estate, in bulk and territory, doth fall under measure; and the greatness of finances and revenue, doth fall under computation. The population may appear by musters; and the number and greatness of cities and towns by cards and maps. But yet there is not any thing amongst civil affairs more subject to error, than the right valuation and true judgment concerning the power and forces of an estate.

Francis Bacon#113

PowerJudgmentEconomicsMeasurementPolitics

About this quote

What does it mean?
Estate size and wealth can be measured, but judging an estate's true power is prone to error despite available data.
In plain terms
You can count land and money, but guessing a nation's real strength is hard and often wrong.
What can you take from it?
Quantitative data exists, but judging true power remains highly error-prone.

Where it applies

  • policy making
  • military planning
  • economic analysis

Putting it to work

  • checking multiple metrics
  • avoiding surface judgments

Questions to consider

  • What data do you trust for measuring power?
  • Why is judging strength so difficult?

Another view

Power can sometimes be quantified more accurately through modern metrics.

More from Francis Bacon

  1. He that commands the sea is at great liberty, and may take as much and as little of the war as he will.

    Permalink to quote #112
  2. There is a wisdom in this beyond the rules of physic. A man's own observation, what he finds good of and what he finds hurt of, is the best physic to preserve …

    Permalink to quote #114
  3. Riches are for spending.

    Permalink to quote #111

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