This quote emphasizes the dual nature of fables. On one hand, they are stories that carry a moral or a lesson for the reader to learn. On the other hand, they are also tales that can be enjoyed purely for their narrative, particularly by those who are innocent, such as children.

The first part of the quote, "All fables, indeed, have their morals," refers to the inherent educational value in fables. Fables are often used as a means to impart wisdom or teach a lesson about ethics, principles, and values. They are designed to provoke thought and encourage the reader to reflect on their actions and consequences.

The second part of the quote, "but the innocent enjoy the story," suggests that those who are innocent, or uncorrupted by life’s complexities, can appreciate the fable for its narrative alone. This could refer to children, who might not yet fully understand the moral implications, but can still find joy and entertainment in the story itself.

Applying this to today’s world, this quote can serve as a reminder of the importance of balance in communication and education. While it’s crucial to convey important messages and lessons, it’s equally important to engage the audience with a compelling narrative. This is evident in many sectors, such as advertising, where a story is often used to make a product more appealing, or in education, where teachers use stories to make lessons more engaging and memorable.

In terms of personal development, this quote could be interpreted as a call to maintain a sense of innocence and wonder in the face of life’s lessons. Even as we grow and learn from our experiences, it’s important to not lose the ability to find joy and entertainment in the simple act of hearing, reading, or telling a story. This balance between learning and enjoyment can lead to a more fulfilling and balanced life.