Jean-Baptiste Say Quotes
The wealthy are generally impressed with an idea, that they shall never stand in need of public charitable relief; but a little less confidence would become them better.
Say, Jean-Baptiste. A Treatise on Political Economy. Translated by C. R. Prinsep, Grigg & Elliot, 1836.
Referring to the urban poverty in mid-nineteenth century Spain.
He got the message and stopped using the line.
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.