Jean-Baptiste Say Quotes


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.


Citations

Say, Jean-Baptiste. A Treatise on Political Economy. Translated by C. R. Prinsep, Grigg & Elliot, 1836.

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Jean-Baptiste Say
Jean-Baptiste Say
  • Born: January 5, 1767
  • Died: November 15, 1832
  • Nationality: French
  • Profession:

Jean-Baptiste Say was a liberal French economist and businessman who argued in favor of competition, free trade and lifting restraints on business. He is best known for Say's law—also known as the law of markets—which he popularized. Scholars disagree on the surprisingly subtle question of whether it was Say who first stated what is now called Say's law. Moreover, he was one of the first economists to study entrepreneurship and conceptualized entrepreneurs as organizers and leaders of the economy.