“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.”
Quote by Jean-Baptiste Say
Work
A treatise on political economy
This scholarly work delves into the study of economic systems, analyzing the relationships between politics and economics, and offering insights into the functioning of markets and the distribution of wealth. 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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Source: History of Economic Theory: The Selected Writings of Adam Smith, Jean-Baptiste Say, and J.R. McCulloch