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Quote by Jean-Baptiste Say

Work

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

Comprising key works from these influential economists, the book offers insights into the development of economic thought, including Smith's 'The Wealth of Nations', Say's 'The Principles of Political Economy', and McCulloch's contributions to economic analysis. 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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“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.”

“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.”