Jean-Baptiste Say (1 jan 1767 ano – 1 jan 1832 ano)
Descrição:
- French economist
- Influenced by Adam Smith
- Came up with "Say's Law"
- Said that "supply creates its own demand"
- Rejected government intervention
- Economy tends towards full employment in the absence of government intervention
- Idea was questioned during the Great Depression in the 1930s
- Gave rise to the birth of macroeconomics
Adicionado na linha do tempo:
Data:
1 jan 1767 ano
1 jan 1832 ano
~ 65 years