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Jean-Baptiste Say

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

“Capital must work, as it were, in concert with industry; and this concurrence is what I call the productive agency of capital.”

Industry Agency Productive Concerts Concurrence

Book:A treatise on political economy

Source: A treatise on political economy

“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.”

Persons Made Form Quality Risk Position Produce Industry Property Contrary Operations Productive

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

“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

“To the labor of man alone Smith ascribes the power of producing values. This is an error. A more exact analysis demonstrates... that all the values are derived from the operation of labor, or rather from the industry of man, combined with the operation of those agents which nature and capital furnish him.”

Men Values Politics Economy Industry Labor Errors Agents Operations Analysis Liberalism

Author:Jean-Baptiste Say

“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.”

Men Party Rights Talent Industry Exercise Thirds Property Faculty Interfere Forbidden Third Parties

Book:A treatise on political economy; or, The production, distribution, and consumption of wealth. Tr. by C.R. Prinsep, with notes

Source: A treatise on political economy; or, The production, distribution, and consumption of wealth. Tr. by C.R. Prinsep, with notes