Jean-Baptiste Say
Jean-Baptiste Say was a liberal French economist and businessman who 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, although scholars disagree as to whether it was Say who first articulated the theory. Moreover, he was one of the first economists to study entrepreneurship and conceptualized entrepreneurs as organizers and leaders of the economy.
Background
- Born in
- Lyon
Trending & Selected Quotes
Trending topics shown first"Political economy has only become a science since it has been confined to the results of inductive investigation."
"Demand and supply are the opposite extremes of the beam, whence depend the scales of dearness and cheapness; the price is the point of equilibrium, where the momentum of the one ceases, and that of th…"
"Capital in the hands of a national government forms a part of the gross national capital."
"The quantity of money, which is readily parted with to obtain a thing is called its price."
"A nation or an individual, will do wisely to direct consumption chiefly to those articles, that are longest time in wearing out, and the most frequently in use."
"With no fixed opinions in relation to the causes of public prosperity, the nation, like a ship without chart or compass, was driven about by the caprice of the winds and the folly of the pilot, alike …"
Works & Publications
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Timeline
1767
Born
Birth1832
Died
Death
Influenced By
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Influenced
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Source Attribution
Information about Jean-Baptiste Say is sourced from curated knowledge bases and cross-referenced for accuracy. Influence relationships are scored by thematic overlap and historical plausibility.
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