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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
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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All travellers agree that protestant are both richer and more populous than catholic countriesand the reason is, because the habits of the former are more conducive to production.
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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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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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A tax can never be favorable to the public welfare, except by the good use that is made of its proceeds.
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When war becomes a trade, it benefits, like all other trades, from the division of labour.
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If the community wish to have the benefit of more knowledge and intelligence in the labouring classes, it must dispense it at the public charge.
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A science only advances with certainty, when the plan of inquiry and the object of our researches have been clearly defined otherwise a small number of truths are loosely laid hold of, without their connexion being perceived, and numerous errors, without being enabled to detect their fallacy.
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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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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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Political economy has only become a science since it has been confined to the results of inductive investigation.
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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.
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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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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.
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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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The wealthy are generally impressed with an idea, that they shall never stand in need of public charitable relief but a little less confidence would become them better.
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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.
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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 best scheme of finance is, to spend as little as possible and the best tax is always the lightest.
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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.
Jean-Baptiste Say