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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, analyzing the processes of wealth production, distribution, and consumption. 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 command of a large sum is a dangerous temptation to a national administration. Though accumulated at their expense, the people rarely, if ever profit by it: yet in point of fact, all value, and consequently, all wealth, originates with the people.”

“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.”

“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.”

“Dominion by land or sea will appear equally destitute of attraction, when it comes to be generally understood, that all its advantages rest with the rulers, and that the subjects at large derive no benefit whatever.”