Jean Baptiste Say 2 vols Economic Philosophy torrent

Jean Baptiste Say 2 vols. Economic Philosophy

Say was the leading French political economist in the first third of the 19th century. His major theoretical work was the Traité d’économie politique (1803) which went through many editions, revisions, and translations during his lifetime. It was very influential in the U.S. during the 19thC. He was the originator of the theory that “supply creates its own demand” (called Say’s Law of Markets), which was Mill’s restatement of Say’s “products are paid for with products.” The idea that business booms are associated with temporary overproduction that adjusts itself because of the incentives for producers to sell their output was one implication of Say’s Law.


Letters to Mr. Malthus on Several Subjects + A Catechism of Political Economy
Say replies to Malthus’s negative views about the impact of population on the well-being of workers. In the second part of the volume Say provides a popularization of his economic views.

A Treatise on Political Economy; or the Production, Distribution, and Consumption of Wealth
One of the most influential works on Political Economy in the 19thC. It set the stage for the development of the study of political economy in France and an early translation into English helped make it become the most used economics textbook in the United States.