A Treatise on Political Economy
Cosimo, Inc., 1.03.2007 г. - 492 страници
Business owners, economists, managers, and those interested in finance will find Say's ideas enlightening and informative. French economist JEAN-BAPTISE SAY (1767-1832) believed in the open-market system, supporting fewer laws putting restraints on businesses. He edited a paper on economics and became part of the French government in 1799. He is best remembered for Say's Law, which states that "supply creates its own demand."
Какво казват хората - Напишете рецензия
Не намерихме рецензии на обичайните места.
Други издания - Преглед на всички
abundance Adam Smith advance advantage agents agriculture amount annual assignats authority balance of trade bank Bank of England benefit branch bullion capital cent charge circulation circumstances classes coin commerce commodities consequently consumed consumption cultivation demand derived dollars duction effect employed England equal established Europe exchange exertion expense export favour foreign France gold human import increase individual industry interest kind labour land less livres tournois loss Louis XIV mankind manufacture matter means ment merchant millions nature necessary never object operation paid particular political economy population portion possession precious metals principles productive agency products consumed profit proportion proprietor purchase quantity ratio reason received reduced rent revenue seignorage sestertii silver Smith specie subsistence sumer supply supposed taxation thing tion trade utility wants wealth Wealth of Nations wheat Wherefore whole yield
Страница 13 - ... binds together by one common tie of interest and intercourse, the universal society of nations throughout the civilized world.
Страница 13 - Under a system of perfectly free commerce, each country naturally devotes its capital and labour to such employments as are most beneficial to each. This pursuit of individual advantage is admirably connected with the universal good of the whole. By stimulating industry, by rewarding ingenuity, and by using most efficaciously the peculiar powers bestowed by nature, it distributes labour most effectively and most economically : while, by increasing the general mass of productions, it diffuses general...