In "The Sleeper Awakes" by H.G. Wells, the quote emphasizes the importance of wisdom and self-control as essential components of true freedom. The idea suggests that without a deep understanding of oneself and the world, individual freedoms can become meaningless or even lead to chaos. It highlights the connection between knowledge, personal discipline, and the ability to live a liberated life.

The author implies that liberty is not merely the absence of restrictions but also requires a thoughtful approach to choices and actions. True freedom emerges from the balance of having knowledge and exercising self-discipline, which enables individuals to navigate their lives constructively and ethically in a complex society.