Media Asset
Author:
Per Bylund
Online Publish Date:
Per Bylund explains the many contributions of Jean-Baptiste Say (1767–1832), a precursor to the Austrian School of economics. Today, Say is most well known for his “law of markets” which is now referred to simply as “Say’s Law.” Often misstated as “supply creates its own demand,” the law is that we produce and supply to the market in order that we