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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
Mathematics
Impracticable
Mean
Succeed
Wherefore
Different
Wealth
Comparing
Like
Economy
Circle
Impossible
Eras
Circles
Nations
Compare
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Measure
Squaring
Political
More quotes by Jean-Baptiste Say
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 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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The best scheme of finance is, to spend as little as possible and the best tax is always the lightest.
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When war becomes a trade, it benefits, like all other trades, from the division of labour.
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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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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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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 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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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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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 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.
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Supply creates its own demand.
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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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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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What would people think of a tradesman, that was to give a ball in his shop, hire performers, and hand refreshments about, with a view to benefit his business?
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The sea and wind can at the same time convey my neighbour's vessel and my own.
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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 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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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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