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Quote by Jean-Baptiste Say

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

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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“The government has, in all countries, a vast influence, in determining the character of the national consumption; not only because it absolutely directs the consumption of the state itself, but because a great proportion of the consumption of individuals is gained by its will and example.”

“It is doubtless very desirable, that private persons should have a correct knowledge of their personal interests; but it must be infinitely more so, that governments should possess that knowledge.”

“The occupation of the stock-jobber yields no new or useful product; consequently having no product of his own to give in exchange, he has no revenue to subsist upon, but what he contrives to make out of the unskilfulness or ill-fortune of gamesters like himself.”