Wednesday, July 15, 2009

Choosing Archery Limbs

Citations Jean Baptiste Say

Anthology quotes Jean Baptiste Say (1767-1832), French industrialist and classical economist. In 1803 he published his Treatise on Political Economy which has a significant success. It is famous for his law of markets (or Say's Law). He was a popularizer of Adam Smith.

"So there is actually producing wealth where it is created or increased utility. "
Jean-Baptiste Say, Treatise on Political Economy, 1803-1826

"Lowering taxes, increasing public enjoyment, increases tax revenues. "
Jean-Baptiste Say, Treatise on Political Economy, 1803-1826

" When a man sells to another any product it sells is the utility into the product, the buyer do not buy that because of its usefulness, the use he can do. "
Jean-Baptiste Say, Treatise on Political Economy, 1803-1826

" Money is the car products. "
Jean-Baptiste Say, Treatise on Political Economy, 1803-1826

"Any savings, while increasing capital, prepares an annual gain in perpetuity, not only to those who made this accumulation, but all the people whose industry is set in motion by this portion of the capital. It prepares an annual interest to the capitalist who has savings, and annual profits to the industrious work she does. Perpetually consumed, it is many times shown to be consumed again, as the profits it creates. "
Jean-Baptiste Say, Treatise on Political Economy, 1803-1826

"It is fortunate that the personal interest ever before to the conservation of private capital, and that at no time can distract a lump productive employment, without depriving themselves of adequate income. "
Jean-Baptiste Say, Treatise on Political Economy, 1803-1826

" Men also are much better ways to achieve a certain goal, when the goal is near, and that their attention is always the same side. Most discoveries, even those that scholars have made, should be attributed originally to the subdivision of work, since it is a result of this subdivision that men are busy looking at some branches of knowledge exclusively to all others, which enabled them follow them much further. "
Jean-Baptiste Say, Treatise on Political Economy, 1803-1826

" A man who does, throughout his life, that the same operation, certainly succeeds to perform better and more quickly than another man, but at the same time it becomes less capable of any other occupation, either physical or moral; off his other faculties, and the result is degeneration in man considered individually. "
Jean-Baptiste Say, Treatise on Political Economy, 1803-1826

" You can take the consequence, therefore, is that the industry of a nation is not bounded by the extent of its territory, but by the extent of its capital. "
Jean-Baptiste Say, Treatise on Political Economy, 1803-1826

" The fund, capital and industry are sometimes combined in the same hands. A man who cultivates his own expense the garden belongs to him, has the money, capital and industry. He, alone, the benefit of the owner, the capitalist and industrious man. The Grinder, which carries an industry where there must be no land, carrying on his back all his capital and his industry at his fingertips: he is both an entrepreneur, capitalist and worker. "
Jean-Baptiste Say, Treatise on Political Economy, 1803-1826

" Finally, it is not true that Colbert had ruined France. It is a fact, on the contrary, under the administration of Colbert, France came out of the misery which had plunged two regencies and a bad rule. It was, indeed, then ruined again, but it is the glitz and the wars of Louis XIV that he must impute this evil, and similar expenses of the prince proves the extent of resources that Colbert had procured . "
Jean-Baptiste Say, Treatise on Political Economy, 1803-1826

" The object of economic science is the knowledge of the laws that govern the formation, distribution and consumption wealth. "
Jean-Baptiste Say, Catechism of Political Economy, 1821

" What do you mean by utility? I hear that quality possessed by certain things that we can use in any manner whatsoever. Why the usefulness of something she did that thing of value? Because the utility makes it desirable, and leads men to make a sacrifice to possess. It does nothing for what is good for nothing, but it gives a certain amount of things you have (a certain quantity of silver coins, for example) to get the thing one feels the need. That's what makes its value. "
Jean-Baptiste Say, Catechism of Political Economy, 1821

" Henry IV was not one of the least despotic kings of France, yet France and prospered under his rule, because you don ' not bothering to individuals. "
Jean-Baptiste Say, Cours Political Economy, 1840

" The mere fact of the formation of a product opens, diced very moment, an outlet for others. "
Jean-Baptiste Say, Cours economy Policy, 1840

"best of all plans of finance is to spend little, and best of all taxes is the smallest. "
Jean-Baptiste Say, Cours Political Economy, 1840

" Adam Smith did not embrace the whole phenomenon of production and consumption of wealth, but he has done so much, that we must be entered for him recognition. "
Jean-Baptiste Say, Cours Political Economy, 1840

" The perfection of the administration is to administer low. "
Jean-Baptiste Say, Course of Political Economy, 1840

"Entrepreneurs industry may have very little knowledge, but it takes a decision to serve on the knowledge and talent that circulate in society, and to apply them to creative use. "
Jean-Baptiste Say, Cours Political Economy, 1840

" The sales and purchases are in the reality of trade in goods. "
Jean-Baptiste Say, Cours Political Economy, 1840

"When a baker burn wood to cook his bread, he consumes reproductively, because it adds to her bread all the value it takes away from its timber. But we burn wood for heat is consumed unproductively, because it does not burn this value overrides the value of wood. "
Jean-Baptiste Say, Cours Political Economy, 1840

" What we teach economics? It teaches us how wealth is produced, distributed and consumed in society. "
Jean-Baptiste Say, Cours economy Policy, 1840

"It's partly because we invented the plow it was permissible for men to develop the arts and all kinds of knowledge. "
Jean-Baptiste Say, Cours Political Economy, 1840

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