Jean-Baptiste Say Quotes


the cause must be ascertained, before the remedy is devised.


Citations

Jean-Baptiste Say, 1767-1832, French economist and journalist, A Treatise On Political Economy: or the Production, Distribution, and Consumption of Wealth

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Related Quotes

While the context applied to making business policy decisions, he also advocated it for politics and managing government. If policy makers or managers speculate and then act to fix possible and imaginable problem, they will waste time and resources dealing with eventualities that may never come to pass. A better strategy is to obtain data, analysize that, and fix the problems that we know will occur.


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.