“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.”

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

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Jean-Baptiste Say72

French economist and businessman 1767–1832

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“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.”

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Jean-Baptiste Say72

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