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Jean-Baptiste Say

French economist and businessman (1767-1832) · France · Academics · Died at 65

Jean-Baptiste Say is read about 178 times a day, in 48 languages.

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The French economist who gave free markets their most enduring slogan: supply creates its own demand. Say's law still frames debates on whether economies can ever suffer from too little spending, or whether production itself guarantees buyers.

Also in Deutsch

Photos 8

In their own words 10

,
Jean-Baptiste Say
,
10 statements, newest first
  1. With respect to the present time, there are few persons who unite the qualifications of good observers with a situation favourable for accurate observation.

    p. xix, Own words

  2. Nothing can be more idle than the opposition of theory to practice!

    p. xxi, Own words

  3. Political economy has only become a science since it has been confined to the results of inductive investigation.

    p. xxvi, Own words

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About this person

Jean-Baptiste Say was born 5 January 1767 in France and built his career arguing for competition, free trade, and unshackled business at a time when mercantilism still gripped much of Europe. He popularized what became Say's law - the law of markets - though scholars dispute whether he originated it. Beyond that doctrine, Say broke ground by studying entrepreneurship itself, framing entrepreneurs as organizers and leaders who drive economies forward. He helped develop the École spéciale de commerce et d'industrie, the first business school ever established. He died 15 November 1832, leaving a liberalism that treated markets as self-correcting machines.

Country
France
Category
Academics
Type
Academic
Status
deceased
Dates
Lived 1767 to 1832 · aged 65

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