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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
Make
Ill
Subsist
Like
Useful
Yields
Product
Consequently
Fortune
Revenue
Products
Exchange
Upon
Stock
Give
Occupation
Giving
Yield

More quotes by Jean-Baptiste Say

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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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When war becomes a trade, it benefits, like all other trades, from the division of labour.
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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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 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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Political economy has only become a science since it has been confined to the results of inductive investigation.
Jean-Baptiste Say
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The command of a large sum is a dangerous temptation to a national administration. Though accumulated at their expense, the people rarely, if ever profit by it: yet in point of fact, all value, and consequently, all wealth, originates with the people.
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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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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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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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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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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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.
Jean-Baptiste Say
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Taxation being a burthen, must needs weigh lightest on each individual, when it bears upon all alike.
Jean-Baptiste Say
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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.
Jean-Baptiste Say
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Supply creates its own demand.
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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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.
Jean-Baptiste Say
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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
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The sea and wind can at the same time convey my neighbour's vessel and my own.
Jean-Baptiste Say