Say Jean Baptiste

Say Jean Baptiste

Say, Jean Baptiste (1767-1832), French economist. Originally he intended to follow a career in business, but became interested in political economy after reading Adam Smith's Wealth of Nations. In 1814 he was sent by the French Government to study economic conditions in Britain, the results of his studies appearing in De VAnglelerre at des Anglais. He began teaching economics in 1816, and a Chair of Industrial Economy was founded for him at the Conservatoire des Arts et M�tiers in 1819. In 1831 he was appointed Professor of Political Economy at the College de France. His main works, Traitd d'deonomique politique (1803) and Gout's complet d'�eonomie pohtique pralique, follow the tradition of Cantillon and Turgot. His conception of economic equilibrium (Say's Law ) that supply created equivalent demand had much influence on economic thought. It was radically criticized by Keynes but has been defended by Hutt and other economists of the classical tradition.

More - Economic - Economic Sectors


consumeraffairs.org.uk

Since then his writings have in turn been increasingly reinterpreted as a special case both by some followers and by some economists who had not wholly accepted his writings. The content of economics is in a state of change, and this consumeraffairs.org.uk site is therefore not a final statement of economic doctrine.

Economics is in the last resort a technique of thinking. The reader will therefore need to make an intellectual effort, more substantial for some web entries than for others, to get the most interest and value out of this website.