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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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All Government Political Economy Individual Nations Want Benefits Consumption Ifs Industry Produce Products Country Firsts Giving Hands Has Beens Labour Made Political Economy

Famous Jean-Baptiste Say Quotes

“Some writers maintain arithmetic to be only the only sure guide in political economy; for my part, I see so many detestable systems built upon arithmetical statements, that I am rather inclined to regard that science as the instrument of national calamity.”

Political Economy Built Regard Instruments Guides Statements Calamity Arithmetic Political Economy

Book:A treatise on political economy

Source: A treatise on political economy

“In times of political confusion, and under an arbitrary government, many will prefer to keep their capital inactive, concealed, and unproductive, either of profit or gratification, rather than run the risk of its display. This latter evil is never felt under a good government.”

Government Running Political Evil Felt Risk Profit Confusion Latter Display Arbitrary Gratification Concealed Unproductive

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

“A treasure does not always contribute to the political security of its possessors. It rather invites attack, and very seldom is faithfully applied to the purpose for which it was destined.”

Doe Political Purpose Security Treasure Invites Destined

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

“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.”

Want Mean Different Political Nations Wealth Common Economy Impossible Succeed Mathematics Circles Eras Compare Political Economy Different Eras

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

“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.”

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

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

Has Beens Political Results Economy Investigation Confined Political Economy

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