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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.

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
Products
Exchange
Upon
Stock
Give
Occupation
Giving
Yield
Make
Ill
Subsist
Like
Useful
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Product
Consequently
Fortune
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More quotes by Jean-Baptiste Say

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No human being has the faculty of originally creating matter, which is more than nature itself can do. But any one may avail himself of the agents offered him by nature, to invest matter with utility.
Jean-Baptiste Say
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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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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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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.
Jean-Baptiste Say
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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.
Jean-Baptiste Say
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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.
Jean-Baptiste Say
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The manner in which things exist and take place, constitutes what is called the nature of things and a careful observation of the nature of things is the sole foundation of all truth.
Jean-Baptiste Say
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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
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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.
Jean-Baptiste Say
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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
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Supply creates its own demand.
Jean-Baptiste Say
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Some writers maintain arithmetic to be only the only sure guide in political economy for my part, I see so many detestable systems built upon arithmetical statements, that I am rather inclined to regard that science as the instrument of national calamity.
Jean-Baptiste Say
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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.
Jean-Baptiste Say
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An uniformity of weights and measures, arranged upon mathematical principles, would be a benefit to the whole commercial world, if it were wise enough to adopt such an expedient.
Jean-Baptiste Say
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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.
Jean-Baptiste Say
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Law has been unjustly charged with the whole blame of the calamities resulting from the scheme that bears his name.
Jean-Baptiste Say
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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.
Jean-Baptiste Say
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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
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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.
Jean-Baptiste Say
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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.
Jean-Baptiste Say