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Jean-Baptiste Say -
Industry
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The most effectual encouragement to population is, the activity of industry, and the consequent multiplication of the national products.
Jean-Baptiste Say
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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.
Jean-Baptiste Say
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Capital must work, as it were, in concert with industry; and this concurrence is what I call the productive agency of capital.
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A man who applies his labour to the investing of objects with value by the creation of utility of some sort, can not expect such a value to be appreciated and paid for, unless where other men have the means of purchasing it. Now, of what do these means consist? Of other values of other products, likewise the fruits of industry, capital, and land. Which leads us to a conclusion that may at first appear paradoxical, namely, that it is production which opens a demand for products.
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The property a man has in his own industry, is violated, whenever he is forbidden the free exercise of his faculties or talents, except insomuch as they would interfere with the rights of third parties.
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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