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Jean-Baptiste Say: Difference between revisions

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==Links==
==Links==
* [https://freecapitalists.org/authors/jean-baptiste-say/ Author page and works at the Liberty Archive]
* [http://mises.org/about/3242 J.B. Say: The Forgotten Early Austrian] by Larry Sechrest.
* [http://mises.org/about/3242 J.B. Say: The Forgotten Early Austrian] by Larry Sechrest.
* [http://mises.org/literature.aspx?action=author&Id=1098 Literature] of J.B. Say
* [http://mises.org/literature.aspx?action=author&Id=1098 Literature] of J.B. Say

Latest revision as of 04:24, 13 August 2026

Jean-Baptiste Say (5. January 1767 – 15. November 1832) was a French economist and businessman. He realized that economics is not about the amassing of data, but rather about the verbal elucidation of universal facts (for example, wants are unlimited, means are scarce) and their logical implications.

Say discovered the productivity theory of resource pricing, the role of capital in the division of labor, and "Say's Law": there can never be sustained "overproduction" or "underconsumption" on the free market if prices are allowed to adjust. He was a defender of laissez-faire and the industrial revolution.

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