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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.

Jean-Baptiste Say

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Jean-Baptiste Say
Age: 65 †
Born: 1767
Born: January 5
Died: 1832
Died: November 14
Economist
Industrialist
Journalist
Translator
Lyons
Jean Baptiste Say
Demand
Depend
Depends
Scales
Cheapness
Point
Extremes
Whence
Opposite
Beam
Cease
Equilibrium
Begins
Ceases
Opposites
Momentum
Price
Supply

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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.
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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.
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Supply creates its own demand.
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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.
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The United States will have the honour of proving experimentally, that true policy goes hand in hand with moderation and humanity.
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A treasure does not always contribute to the political security of its possessors. It rather invites attack, and very seldom is faithfully applied to the purpose for which it was destined.
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The sea and wind can at the same time convey my neighbour's vessel and my own.
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Law has been unjustly charged with the whole blame of the calamities resulting from the scheme that bears his name.
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regulation is useful and proper, when aimed at the prevention of fraud or contrivance, manifestly injurious to other kinds of production, or to the public safety, and not at prescribing the nature of the products and the methods of fabrication.
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To the labor of man alone Smith ascribes the power of producing values. This is an error. A more exact analysis demonstrates... that all the values are derived from the operation of labor, or rather from the industry of man, combined with the operation of those agents which nature and capital furnish him.
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Wherefore it is impossible to succeed in comparing wealth of different eras or different nations. This, in political economy, like squaring the circle in mathematics, is impracticable, for want of a common mean or measure to go by.
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Dominion by land or sea will appear equally destitute of attraction, when it comes to be generally understood, that all its advantages rest with the rulers, and that the subjects at large derive no benefit whatever.
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