Jean-Baptiste Say

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Jean-Baptiste Say
Born5 January 1767
Lyon, France
Died15 November 1832
Paris, France
NationalityFrench


Jean-Baptiste Say (5 January 1767 – 15 November 1832) was a bourgeois economist. He based value on labour, capital, and land and claimed that the three classes in society (workers, capitalists, and landlords) each received the value that they produced. He also denied the existence of crises of overproduction.[1]

References

  1. Political Economy: 'Economic Doctrines of the Capitalist Epoch; The Rise of Vulgar Political Economy' (1954). [MIA]