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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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Jean-Baptiste Say
Age: 65 †
Born: 1767
Born: January 5
Died: 1832
Died: November 14
Economist
Industrialist
Journalist
Translator
Lyons
Jean Baptiste Say
Taxes
Except
Public
Use
Made
Good
Favorable
Never
Proceeds
Welfare
More quotes by Jean-Baptiste Say
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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Law has been unjustly charged with the whole blame of the calamities resulting from the scheme that bears his name.
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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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Political economy has only become a science since it has been confined to the results of inductive investigation.
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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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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.
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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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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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It is a melancholy but an undoubted fact, that, even in the most thriving countries, part of the population annually dies of mere want. Not that all who perish from want absolutely die of hunger though this calamity is of more frequent occurrence than is generally supposed.
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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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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.
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Supply creates its own demand.
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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
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
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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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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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 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
When war becomes a trade, it benefits, like all other trades, from the division of labour.
Jean-Baptiste Say