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A nation or an individual, will do wisely to direct consumption chiefly to those articles, that are longest time in wearing out, and the most frequently in use.
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
Direct
Nation
Chiefly
Nations
Longest
Individual
Wisely
Use
Articles
Time
Frequently
Consumption
Wearing
More quotes by Jean-Baptiste Say
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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Valuation is vague and arbitrary, when there is no assurance that it will be generally acquiesced in by others.
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The property a man has in his own industry, is violated, whenever he is forbidden the free exercise of his faculties or talents, except insomuch as they would interfere with the rights of third parties.
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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 sea and wind can at the same time convey my neighbour's vessel and my own.
Jean-Baptiste Say
The wants of mankind are supplied and satisfied out of the gross values produced and created, and not out of the net values only.
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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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Taxation being a burthen, must needs weigh lightest on each individual, when it bears upon all alike.
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In times of political confusion, and under an arbitrary government, many will prefer to keep their capital inactive, concealed, and unproductive, either of profit or gratification, rather than run the risk of its display. This latter evil is never felt under a good government.
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The best scheme of finance is, to spend as little as possible and the best tax is always the lightest.
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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.
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Political economy has only become a science since it has been confined to the results of inductive investigation.
Jean-Baptiste Say
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
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
The luxury of ostentation affords a much less substantial and solid gratification, than the luxury of comfort, if I may be allowed the expression.
Jean-Baptiste Say
The United States will have the honour of proving experimentally, that true policy goes hand in hand with moderation and humanity.
Jean-Baptiste Say
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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A much larger value is consumed in lettuces than in pineapples,throughout Europe at large and the superb shawls of Cachemere are, in France, a very poor object in trade, in comparison with the plain cotton goods of Rouen.
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When war becomes a trade, it benefits, like all other trades, from the division of labour.
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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.
Jean-Baptiste Say