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Jean-Baptiste Say

Jean-Baptiste Say Quotes

Economist

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Famous Jean-Baptiste Say Quotes

“The government has, in all countries, a vast influence, in determining the character of the national consumption; not only because it absolutely directs the consumption of the state itself, but because a great proportion of the consumption of individuals is gained by its will and example.”

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Book:History of Economic Theory: The Selected Writings of Adam Smith, Jean-Baptiste Say, and J.R. McCulloch
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“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.”

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Book:Letters to Thomas Robert Malthus on Political Economy and Stagnation of Commerce
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“To a proprietor of a mine, the silver money is a produce with which he buys what he has occasion for. To all those through whose hands this silver afterwards passes, it is only the price of the produce which they themselves have raised by means of their property in land, their capitals, or their industry. In selling them they in the first place exchange them for money, and afterwards they exchange the money for articles of consumption.”

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Book:Letters to Thomas Robert Malthus on Political Economy and Stagnation of Commerce
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