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16. Mai 2023 · Jean-Baptiste Say (French: [ʒɑ̃batist sɛ]; 5 January 1767 – 15 November 1832) was a liberal French economist and businessman who argued in favor of competition, free trade and lifting restraints on business. He is best known for Say's law—also known as the law of markets—which he popularized. Scholars disagree on the ...
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Jean-Baptiste Say was born on Jan. 5, 1767, in Lyon, France. He went to school in Lyon before moving to London, England, to study business. Say returned to France in 1787 and lived in Paris with his family.2 He found work as a secretary in a Paris-based insurance company run by Etienne Claviere, a politician and financier of the French Revolution. ...
As noted above, Say was heavily influenced by Adam Smith and the economic theories he laid out in his 1776 book Wealth of Nations. He was a big proponent of Smith’s free market theories, promoting his laissez-faire philosophies and helping to popularize them in France through his academic work and teaching. Say also expressed the belief that a fall...
Jean-Baptiste Say was a French classical liberal economist who left a lasting mark on the world with his academic and professional work. Say, who once worked under Napoleon, was moved by the work of Adam Smith, who is considered the father of modern economics. He taught political economy in France until his death and also wrote several books. But h...
24. Mai 2023 · Last updated: Oct 12, 2022 • 4 min read. Say’s Law is a common precept of classical economics. The law is based on the writings of nineteenth-century French economist Jean-Baptiste Say, an early advocate of the free market economic theories.
Vor 3 Tagen · Early-19th-century French economist Jean-Baptiste Say provided a broad definition of entrepreneurship, saying that it "shifts economic resources out of an area of lower and into an area of higher productivity and greater yield".
20. Okt. 2022 · Morgan Rose, Implications of Costly Information, at Econlib. Jean-Baptiste Say, Letters to Mr. Malthus and a Catechism of Political Economy, at the Online Library of Liberty. The Online Library of Liberty’s Collection on The Classical School of Political Economy.
Vor 2 Tagen · Jean-Baptiste Say was a French economist who introduced Smith's economic theories into France and whose commentaries on Smith were read in both France and Britain. Say challenged Smith's labour theory of value , believing that prices were determined by utility and also emphasised the critical role of the entrepreneur in the economy.
Vor 2 Tagen · Notable liberals in the 19th century include Jean-Baptiste Say, Thomas Malthus and David Ricardo. Classical liberalism, sometimes also used as a label to refer to all forms of liberalism before the 20th century, was revived in the 20th century by Ludwig von Mises and Friedrich Hayek and further developed by Milton Friedman , Robert ...
