Jean-Baptiste Say

Economics French 1767 – 1832 101 quotes

Known for Say's Law, which states that supply creates its own demand.

Quotes by Jean-Baptiste Say

It is the aim of good government to stimulate production, of bad government to depress it.

A Treatise on Political Economy 1803

Products are paid for with products.

A Treatise on Political Economy 1803

It is worthwhile to remark, that a product is no sooner created, than it, from that instant, affords a market for other products to the full extent of its own value.

A Treatise on Political Economy 1803

The entrepreneur shifts economic resources out of an area of lower and into an area of higher productivity and greater yield.

A Treatise on Political Economy 1803

The encouragement of consumption is no benefit to commerce; for the difficulty lies in supplying the means, not in stimulating the desire of consumption.

A Treatise on Political Economy 1803

The value of products is the measure of the value of the productive services.

A Treatise on Political Economy 1803

The demand for products is not a demand for money, but a demand for products.

A Treatise on Political Economy 1803

The real demand for commodities is the power of producing them.

A Treatise on Political Economy 1803

The more numerous are the producers, and the more various their productions, the more prompt, numerous, and extensive are the markets for those productions.

A Treatise on Political Economy 1803

Every product is a means of exchange for other products.

A Treatise on Political Economy 1803

It is not the abundance of money, but the abundance of goods, that constitutes national wealth.

A Treatise on Political Economy 1803

The consumption of an article is the destruction of its utility.

A Treatise on Political Economy 1803

The entrepreneur is a person who undertakes an enterprise, especially a contractor, acting as intermediary between capital and labor.

A Treatise on Political Economy 1803

The value of a thing is the quantity of other things for which it can be exchanged.

A Treatise on Political Economy 1803

The utility of a thing is the power it has of satisfying our wants.

A Treatise on Political Economy 1803

The true riches of a nation consist in the abundance of its products.

A Treatise on Political Economy 1803

The more a nation produces, the more it can consume.

A Treatise on Political Economy 1803

The best way to encourage production is to leave industry free.

A Treatise on Political Economy 1803

The only way to consume is to produce.

A Treatise on Political Economy 1803

The more a nation is productive, the more it is rich.

A Treatise on Political Economy 1803