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Jean-Baptiste Say Quotes

Economist

Jean-Baptiste Say, an economist, was born on January 5, 1767, and died on November 15, 1832. He was one of the representative figures of the classical school of economics and is known for his profound understanding of the market economy and his advocacy for free economy.

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Famous Jean-Baptiste Say Quotes

“The celebrated Adam Smith was the first to point out the immense increase of production, and the superior perfection of products referable to this division of labour.”

Firsts Products Perfection Increase Productions Superiors Labour Division Adam Immense

Book:A Treatise on Political Economy; Or, The Production, Distribution, and Consumption of Wealth

Source: A Treatise on Political Economy; Or, The Production, Distribution, and Consumption of Wealth

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

Firsts Products Paid Instance

Book:A treatise on political economy: or, The production, distribution and consumption of wealth

Source: A treatise on political economy: or, The production, distribution and consumption of wealth

“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.”

Firsts Wisdom Reality Political Politics Pay Attention Economy Produce Agree Mediums Instance Liberalism Articles Adam Consumption Political Economy

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

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

“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.”

Firsts Mean Hands Politics Economy Land Produce Mines Industry Property Raised Selling Occasions Liberalism Silver Articles Consumption

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

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