Say, Jean-Baptiste (1767 – 1832)

Definition

Economics

  • French economist who developed the theory of the factors of production (land, labour and capital), and the theory of the market which was criticised by Keynes. He proposed that total demand in a market cannot be more or less than total supply – the basis of laissez faire economics.
http://www.dictionarycentral.com/definition/say-jean-baptiste-1767-1832.html