Jean-Baptiste Say: Neglected Champion of Laissez-Faire

Source: Cobden Centre
by Larry J Sechrest

“Mainstream history-of-thought texts usually mention Say only briefly, and then only in connection with his law of markets, thereby implicitly trivializing much of his work. One of the exceptions is A History of Economic Thought by Eric Roll. Roll treats Say with notable respect, but, unfortunately, partly because he misinterprets Say as an ancestor of modern general- equilibrium, positivistic, neoclassical economists. In all fairness, one could argue that this lack of both attention and appreciation might be traced, at least in part, to Say himself. After all, Say did explicitly represent his work as being mainly an elaboration and popularization of Adam Smith’s Wealth of Nations for the benefit of continental European readers. Taking Say at his word, many economists seem never to have bothered to investigate more closely.” (03/04/25)

https://www.cobdencentre.org/2025/03/jean-baptiste-say-neglected-champion-of-laissez-faire/