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biography
| name: |
Say, J(ean) B(aptiste)
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pronunciation:
[say]
| sex:
| male
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| lived:
| (1767–1832)
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| biography:
| Political economist, born in Lyon, SC France. From 1794 he edited a magazine centred on the French Revolution. A member of the tribunate in 1799, he resigned in 1804 in protest against the arbitrary tendencies of the consular government. He later became professor of industrial economy at the Conservatoire des Arts et Métiers (1817–30), and of political economy at the Collège de France (1830–2). The author of the major Traité d'économie politique (1803, A Treatise on Political Economy), he is best remembered for Say's law, which expounds the idea of supply creating its own demand, and the automatic adjustment of under- or over-production. |
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