A Treatise on Political EconomyLudwig von Mises Institute, 2008 Jean-Baptiste Say (1767-1832) has been described as a revolutionary, an author of scholarly books and popular tracts, a social philosopher, a successful entrepreneur and a remarkable Renaissance man. Above all, however, he was a great economist. He might best be described as a proto-Austro-Misesian, the author of the law of markets, known as Say's law, and as the first to coin the term "entrepreneur." Say's concern with the average interested citizen and his zeal for economic education for the masses is most apparent in this classic work, A Treatise on Political Economy. The book has been heralded by Mises, Hayek, Rothbard, and many modern Austrians, who depend on his insights to assist in the understanding of markets and prices. Keynes only purported to refute him, but Mises said that Keynes only struck down a strawman; Mises was a follower of Say's perspective on the stability of market structures. Say was not only a more sophisticated economist than Keynes; he was better than Smith in many ways. Larry Sechrest writes of this book: "With pen and ink, Adam Smith made the entrepreneur invisible. J.B. Say brings him back to life and to the center of the stage." This edition is a translation of the 5th edition. |
Autres éditions - Tout afficher
A Treatise on Political Economy: Or, The Production, Distribution, and ... Jean Baptiste Say Affichage du livre entier - 1845 |
Expressions et termes fréquents
abundance Adam Smith advance advantage agents agriculture AMERICAN EDITOR amount annual assignats authority balance of trade bank Bank of England benefit branch bullion capital cent charge circulation circumstances coin coinage 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 never object operation paid particular political economy population portion possession precious metals principles productive agency products consumed profit proportion proprietor purchase quantity ratio reason rent revenue seignorage silver Smith specie subsistence sumer supply supposed taxation thing tion trade unproductive utility wants wealth Wealth of Nations wheat Wherefore whole yield