Jean-Baptiste Say Quote

Capital can seldom be made productive, without undergoing several changes both of form and of place, the risk of which is always more or less alarming to persons unaccustomed to the operations of industry; whereas, on the contrary, landed property produces without any change of either quality or position.


Book II, On Distribution, Chapter IX, Section I, p. 363 - A Treatise On Political Economy (Fourth Edition) (1832)


Capital can seldom be made productive, without undergoing several changes both of form and of place, the risk of which is always more or less...

Capital can seldom be made productive, without undergoing several changes both of form and of place, the risk of which is always more or less...

Capital can seldom be made productive, without undergoing several changes both of form and of place, the risk of which is always more or less...

Capital can seldom be made productive, without undergoing several changes both of form and of place, the risk of which is always more or less...