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Quote by Jean-Baptiste Say

“What is the motive which operates in every man's breast to counteract the impulse towards the gratification of his wants and appetites?”

Quote by Jean-Baptiste Say

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

Work

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

This scholarly work delves into the foundational concepts of political economy, examining the processes of wealth production, distribution, and consumption. It offers an in-depth analysis of economic theories and practices that have shaped the understanding of wealth management and societal prosperity. more

Author

Jean-Baptiste Say

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. more

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“Valuation is vague and arbitrary, when there is no assurance that it will be generally acquiesced in by others.”

Vague Assurance Arbitrary Valuation

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

“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 the other begins.”

Depends Demand Opposites Extremes Scales Cease Momentum Beam Equilibrium Cheapness

Book:A treatise on political economy

Source: A treatise on political economy

“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

“A much larger value is consumed in lettuces than in pineapples,throughout Europe at large; and the superb shawls of Cachemere are, in France, a very poor object in trade, in comparison with the plain cotton goods of Rouen.”

Values Poor Objects Europe Trade France Comparison Goods Consumed Cotton Superb Lettuce Pineapples

Author:Jean-Baptiste Say

“Whence it is evident that the remedy must be adapted to the particular cause of the mischief; consequently, the cause must be ascertained, before the remedy is devised.”

Causes Particular Remedy Evident Mischief Adapted

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

“It is a melancholy but an undoubted fact, that, even in the most thriving countries, part of the population annually dies of mere want. Not that all who perish from want absolutely die of hunger; though this calamity is of more frequent occurrence than is generally supposed.”

Want Country Facts Dies Mere Hunger Population Melancholy Calamity

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 travellers agree that protestant are both richer and more populous than catholic countries;and the reason is, because the habits of the former are more conducive to production.”

Country Reason Habit Catholic Agree Productions Former Traveller Protestants

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

“Opulent, civilized, and industrious nations, are greater consumers than poor ones, because they are infinitely greater producers.”

Nations Poor Greater Producers Consumers Civilized Industrious

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

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

“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

“The luxury of ostentation affords a much less substantial and solid gratification, than the luxury of comfort, if I may be allowed the expression.”

Ifs May Expression Comfort Luxury Gratification Ostentation

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