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Jean-Baptiste Say -
Consumption
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A nation or an individual, will do wisely to direct consumption chiefly to those articles, that are longest time in wearing out, and the most frequently in use.
Jean-Baptiste Say
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Thus, it is the aim of good government to stimulate production, of bad government to encourage consumption.
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The government has, in all countries, a vast influence, in determining the character of the national consumption; not only because it absolutely directs the consumption of the state itself, but because a great proportion of the consumption of individuals is gained by its will and example.
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All those who, since Adam Smith, have turned their attention to Political Economy, agree that in reality we do not buy articles of consumption with money, the circulating medium with which we pay for them. We must in the first instance have bought this money itself by the sale of our produce.
Jean-Baptiste Say
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I must have a prodigious quantity of mind; it takes me as much as a week sometimes to make it up.
Mark Twain
Jean-Baptiste Say
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Born:
January 5, 1767
Died:
November 15, 1832
(aged 65)
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