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“The wants of mankind are supplied and satisfied out of the gross values produced and created, and not out of the net values only.”

Jean-Baptiste Say

Source: A Treatise On Political Economy (Fourth Edition) (1832), Book I, On Production, Chapter II, p. 69

“But, is it possible for princes and ministers to be enlightened, when private individuals are not so?”

Jean-Baptiste Say

Source: A Treatise On Political Economy (Fourth Edition) (1832), Introduction, p. liv

“What can we expect from nations still less advanced in civilization than the Greeks?”

Jean-Baptiste Say

Source: A Treatise On Political Economy (Fourth Edition) (1832), Introduction, p. xxix

“A shop-keeper in good business is quite as well off as a pedlar that travels the country with his wares on his back. Commercial jealousy is, after all, nothing but prejudice: it is a wild fruit, that will drop of itself when it has arrived at maturity.”

Jean-Baptiste Say

Source: A Treatise On Political Economy (Fourth Edition) (1832), Book I, On Production, Chapter IX, p. 101

“It is doubtless very desirable, that private persons should have a correct knowledge of their personal interests; but it must be infinitely more so, that governments should possess that knowledge.”

Jean-Baptiste Say

Source: A Treatise On Political Economy (Fourth Edition) (1832), Book III, On Consumption, Chapter VI, Section I, p. 418

“With respect to the present time, there are few persons who unite the qualifications of good observers with a situation favourable for accurate observation.”

Jean-Baptiste Say

Source: A Treatise On Political Economy (Fourth Edition) (1832), Introduction, p. xix

“Demand and supply are the opposite extremes of the beam, whence depend the scales of dearness and cheapness; the price is the point of equilibrium, where the momentum of the one ceases, and that of the other begins.”

Jean-Baptiste Say

Source: A Treatise On Political Economy (Fourth Edition) (1832), Book II, On Distribution, Chapter I, p. 290

“Valuation is vague and arbitrary, when there is no assurance that it will be generally acquiesced in by others.”

Jean-Baptiste Say

Source: A Treatise On Political Economy (Fourth Edition) (1832), Book II, On Distribution, Chapter I, p. 285

“At Newfoundland, it is said, that dried cod performs the office of money”

Jean-Baptiste Say

Source: A Treatise On Political Economy (Fourth Edition) (1832), Book I, On Production, Chapter XXI, Section II, p. 221

“Political economy has only become a science since it has been confined to the results of inductive investigation.”

Jean-Baptiste Say

Source: A Treatise On Political Economy (Fourth Edition) (1832), Introduction, p. xxvi

“Nothing is more dangerous in practice, than an obstinate, unbending adherence to a system, particularly in its application to the wants and errors of mankind.”

Jean-Baptiste Say

Source: A Treatise On Political Economy (Fourth Edition) (1832), Book I, On Production, Chapter XVII, Section IV, P. 196

“The day will come, sooner or later, when people will wonder at the necessity of taking all this trouble to expose the folly of a system, so childish and absurd, and yet so often enforced at the point of a bayonet.”

Jean-Baptiste Say

Source: A Treatise On Political Economy (Fourth Edition) (1832), Book I, On Production, Chapter XVII, Digression, p. 159

“When a tree, a natural product, is felled, is society put into possession of no greater produce than that of the mere labour of the woodman?”

Jean-Baptiste Say

Source: A Treatise On Political Economy (Fourth Edition) (1832), Book I, On Production, Chapter IV, p. 76

“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.”

Jean-Baptiste Say

Source: A Treatise On Political Economy (Fourth Edition) (1832), Book III, On Consumption, Chapter IV, p. 400

“Whence it is evident that the remedy must be adapted to the particular cause of the mischief; consequently, the cause must be ascertained, before the remedy is devised.”

Jean-Baptiste Say

Source: A Treatise On Political Economy (Fourth Edition) (1832), Book II, On Distribution, Chapter VII, p. 336

“The love of domination never attains more than a factitious elevation, that is sure to make enemies of all its neighbours.”

Jean-Baptiste Say

Source: A Treatise On Political Economy (Fourth Edition) (1832), Book I, On Production, Chapter IX, p. 104

“To have never done anything but make the eighteenth part of a pin, is a sorry account for a human being to give of his existence.”

Jean-Baptiste Say

Source: A Treatise On Political Economy (Fourth Edition) (1832), Book I, On Production, Chapter VIII, p. 98 (See also: Adam Smith)

“The ancients, by their system of colonization, made themselves friends all over the known world; the moderns have sought to make subjects, and therefore have made enemies.”

Jean-Baptiste Say

Source: A Treatise On Political Economy (Fourth Edition) (1832), Book I, On Production, Chapter XIX, p. 213

“The occupation of the stock-jobber yields no new or useful product; consequently having no product of his own to give in exchange, he has no revenue to subsist upon, but what he contrives to make out of the unskilfulness or ill-fortune of gamesters like himself.”

Jean-Baptiste Say

Source: A Treatise On Political Economy (Fourth Edition) (1832), Book III, On Consumption, Chapter IX, p. 481 (See also: Karl Marx, Capital, Volume III, Chapter XXVII, p. 440)

“I have made no distinction between the circulation of goods and of money, because there really is none.”

Jean-Baptiste Say

Source: A Treatise On Political Economy (Fourth Edition) (1832), Book I, On Production, Chapter XVI, p. 142