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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.
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
Impossible
Eras
Nations
Circles
Common
Compare
Political
Measure
Squaring
Mean
Mathematics
Impracticable
Different
Succeed
Wherefore
Like
Wealth
Comparing
Economy
Circle
More quotes by 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.
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The love of domination never attains more than a factitious elevation, that is sure to make enemies of all its neighbours.
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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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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 tax can never be favorable to the public welfare, except by the good use that is made of its proceeds.
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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.
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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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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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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.
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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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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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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.
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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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Taxation being a burthen, must needs weigh lightest on each individual, when it bears upon all alike.
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Supply creates its own demand.
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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 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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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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With respect to the present time, there are few persons who unite the qualifications of good observers with a situation favourable for accurate observation.
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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.
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