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Jean-Baptiste Say Biography

Jean-Baptiste Say

Jean-Baptiste Say (French: [ʒãbatist sɛ]; 5 January 1767 – 15 November 1832) was a French economist and businessman. He had classically liberal views and argued in favor of competition, free trade, and lifting restraints on business. He is best known for Say's Law, also known as the law of markets, which he popularized. Scholars disagree on the surprisingly subtle question of whether it was Say who first stated what we now call Say's Law.

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Jean-Baptiste Say Quotes

I'il n'est pas en notre pouvoir de changer la nature des choses. Il faut les йtudier telles qu'elles sont.

Choses, Des, Economics, Notre, Pouvoir, Sont

An uniformity of weights and measures, arranged upon mathematical principles, would be a benefit to the whole commercial world, if it were wise enough to adopt such an expedient.

Commercial, Expedient, Principles, Wise, Would Be

Taxation being a burthen, must needs weigh lightest on each individual, when it bears upon all alike.

Alike, Bears, Burthen, Individual, Needs, Taxation

It is the aim of good government to stimulate production, of bad government to encourage consumption.

Aim, Consumption, Good, Government, Stimulate

Political economy has only become a science since it has been confined to the results of inductive investigation.

Political, Economy, Results, Science, Confined

If one individual, or one class, can call in the aid of authority to ward off the effects of competition, it acquires a privilege and at the cost of the whole community; it can make sure of profits not altogether due to the productive services rendered, but composed in part of an actual tax upon consumers for its private profit' which tax it commonly shares with the authority that thus unjustly lent its support.

Call, Class, Consumers, Philosophy, Political, Private

If the community wish to have the benefit of more knowledge and intelligence in the labouring classes, it must dispense it at the public charge.

Class, Community, Labouring, Public, Wish

The day will come, sooner or later, when people will wonder at the necessity of taking all this trouble to expose the folly of a system, so childish and absurd, and yet so often enforced at the point of a bayonet.

Bayonets, Folly, People, Sooner, Trouble, Wonder

The property a man has in his own industry, is violated, whenever he is forbidden the free exercise of his faculties or talents, except insomuch as they would interfere with the rights of third parties.

Party, Exercise, Men, Insomuch, Industry, Property

Capital can seldom be made productive, without undergoing several changes both of form and of place, the risk of which is always more or less alarming to persons unaccustomed to the operations of industry; whereas, on the contrary, landed property produces without any change of either quality or position.

Changes, Form, Persons, Quality, Risk, Unaccustomed

Law has been unjustly charged with the whole blame of the calamities resulting from the scheme that bears his name.

Law, Names, Bears, Resulting, Calamities, Scheme

All those who, since Adam Smith, have turned their attention to Political Economy, agree that in reality we do not buy articles of consumption with money, the circulating medium with which we pay for them. We must in the first instance have bought this money itself by the sale of our produce.

Articles, Pay, Political, Produce, Reality, Wisdom

I have made no distinction between the circulation of goods and of money, because there really is none.

Circulation, Distinction, Goods, Made

A much larger value is consumed in lettuces than in pineapples,throughout Europe at large; and the superb shawls of Cachemere are, in France, a very poor object in trade, in comparison with the plain cotton goods of Rouen.

Cotton, Europe, Goods, Pineapples, Poor, Shawls

The ancients, by their system of colonization, made themselves friends all over the known world; the moderns have sought to make subjects, and therefore have made enemies.

Enemy, World, Made, Moderns, System

One product is always ultimately bought with another, even when paid for in the first instance with money.

Firsts, Instance, Paid, Ultimately

The theory of interest was wrapped in utter obscurity, until Hume and Smith dispelled the vapor.

Obscurity, Theory, Vapor, Wrapped

What is the motive which operates in every man's breast to counteract the impulse towards the gratification of his wants and appetites?

Appetite, Appetites, Gratification, Impulse, Men, Want

No human being has the faculty of originally creating matter, which is more than nature itself can do. But any one may avail himself of the agents offered him by nature, to invest matter with utility.

Agents, Creating, Faculty, Invest, May, Originally

Wherefore it is impossible to succeed in comparing wealth of different eras or different nations. This, in political economy, like squaring the circle in mathematics, is impracticable, for want of a common mean or measure to go by.

Circles, Comparing, Different, Eras, Mean, Political

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