Matches in DBpedia 2015-10 for { <http://dbpedia.org/resource/Says_law> ?p ?o }
- Says_law abstract "Say's law, or the law of markets, found in classical economics, states that aggregate production necessarily creates an equal quantity of aggregate demand. It was stated by the French economist Jean-Baptiste Say (1767–1832), who wrote in 1803 in Say's principal work, A Treatise on Political Economy (Traité d'économie politique):A product is no sooner created, than it, from that instant, affords a market for other products to the full extent of its own value.and As each of us can only purchase the productions of others with his own productions – as the value we can buy is equal to the value we can produce, the more men can produce, the more they will purchase.Say further argued that the law of markets implies that a "general glut" (the term used in Say's time for a widespread excess of supply over demand) cannot occur. If there is a surplus of one good, there must be unmet demand for another: "If certain goods remain unsold, it is because other goods are not produced." Say's law has been one of the principal doctrines used to support the laissez-faire belief that a capitalist economy will naturally tend toward full employment and prosperity without government intervention.Over the years, at least two objections to Say's law have been raised: General gluts do in fact occur, particularly during recessions and depressions. Economic agents may collectively choose to increase the amount of money they hold, thereby reducing demand but not supply.Say's law was generally accepted throughout the 19th century, though modified to incorporate the idea of a "boom-and-bust" cycle. During the worldwide Great Depression of the 1930s, the novel theories of Keynesian economics disputed Say's conclusions. The debate between classical and Keynesian economics continues today.Scholars disagree on the surprisingly subtle question of whether it was Say who first stated the principle, but by convention, "Say's law" has been another name for the law of markets ever since John Maynard Keynes used the term in the 1930s.".
- Says_law wikiPageExternalLink books?id=7iArAQAAMAAJ.
- Says_law wikiPageExternalLink books?id=AQ4bAAAAYAAJ.
- Says_law wikiPageExternalLink books?id=WkaPTSyM8E4C.
- Says_law wikiPageExternalLink failureofneweconomics.pdf.
- Says_law wikiPageExternalLink 4.
- Says_law wikiPageExternalLink glut.htm.
- Says_law wikiPageExternalLink Says.html.
- Says_law wikiPageExternalLink sayT0.html.
- Says_law wikiPageExternalLink sayslaw.htm.
- Says_law wikiPageExternalLink sayslaw.pdf.
- Says_law wikiPageExternalLink about.aspx?Id=3242.
- Says_law wikiPageExternalLink histofthought2.pdf.
- Says_law wikiPageExternalLink 1803.
- Says_law wikiPageExternalLink critics.pdf.
- Says_law wikiPageExternalLink politicalecon.pdf.
- Says_law wikiPageExternalLink sayslaw.pdf.
- Says_law wikiPageExternalLink 1264.
- Says_law wikiPageID "367290".
- Says_law wikiPageLength "43168".
- Says_law wikiPageOutDegree "91".
- Says_law wikiPageRevisionID "679283437".
- Says_law wikiPageWikiLink Accelerator_effect.
- Says_law wikiPageWikiLink Arthur_Cecil_Pigou.
- Says_law wikiPageWikiLink Axel_Leijonhufvud.
- Says_law wikiPageWikiLink Barter.
- Says_law wikiPageWikiLink Barter_economy.
- Says_law wikiPageWikiLink Boom_and_bust.
- Says_law wikiPageWikiLink Brad_DeLong.
- Says_law wikiPageWikiLink Business_confidence.
- Says_law wikiPageWikiLink Business_cycle.
- Says_law wikiPageWikiLink Category:1803_in_economics.
- Says_law wikiPageWikiLink Category:Classical_economics.
- Says_law wikiPageWikiLink Category:Demand.
- Says_law wikiPageWikiLink Category:Economics_laws.
- Says_law wikiPageWikiLink Category:History_of_economic_thought.
- Says_law wikiPageWikiLink Category:Macroeconomics.
- Says_law wikiPageWikiLink Classical_economics.
- Says_law wikiPageWikiLink Colonel_Robert_Torrens.
- Says_law wikiPageWikiLink Consumer_confidence_index.
- Says_law wikiPageWikiLink Credit_bubble.
- Says_law wikiPageWikiLink David_Ricardo.
- Says_law wikiPageWikiLink Demand_for_money.
- Says_law wikiPageWikiLink Demand_side_economics.
- Says_law wikiPageWikiLink Economic_bubble.
- Says_law wikiPageWikiLink Economic_crises.
- Says_law wikiPageWikiLink Economic_cycle.
- Says_law wikiPageWikiLink Exchange_value.
- Says_law wikiPageWikiLink Financial_crisis.
- Says_law wikiPageWikiLink Fiscal_policy.
- Says_law wikiPageWikiLink Free_market.
- Says_law wikiPageWikiLink Full_employment.
- Says_law wikiPageWikiLink General_glut.
- Says_law wikiPageWikiLink Great_Depression.
- Says_law wikiPageWikiLink Interest_rate.
- Says_law wikiPageWikiLink Interest_rates.
- Says_law wikiPageWikiLink Investment.
- Says_law wikiPageWikiLink J._Bradford_DeLong.
- Says_law wikiPageWikiLink J._M._Robertson.
- Says_law wikiPageWikiLink James_Mill.
- Says_law wikiPageWikiLink Jean-Baptiste_Say.
- Says_law wikiPageWikiLink John_Maynard_Keynes.
- Says_law wikiPageWikiLink John_Stuart_Mill.
- Says_law wikiPageWikiLink Karl_Marx.
- Says_law wikiPageWikiLink Keynes.
- Says_law wikiPageWikiLink Keynesian.
- Says_law wikiPageWikiLink Keynesian_economics.
- Says_law wikiPageWikiLink Laissez-faire.
- Says_law wikiPageWikiLink Laissez_faire.
- Says_law wikiPageWikiLink Larry_J._Sechrest.
- Says_law wikiPageWikiLink Liquidity_trap.
- Says_law wikiPageWikiLink List_of_eponymous_laws.
- Says_law wikiPageWikiLink Macroeconomics.
- Says_law wikiPageWikiLink Marx.
- Says_law wikiPageWikiLink Marxism.
- Says_law wikiPageWikiLink Monetary_circuit_theory.
- Says_law wikiPageWikiLink Money.
- Says_law wikiPageWikiLink Money_demand.
- Says_law wikiPageWikiLink Multiplier_(economics).
- Says_law wikiPageWikiLink Neutrality_of_money.
- Says_law wikiPageWikiLink New_Keynesian_economics.
- Says_law wikiPageWikiLink Overproduction.
- Says_law wikiPageWikiLink Parable_of_the_broken_window.
- Says_law wikiPageWikiLink Paul_Krugman.
- Says_law wikiPageWikiLink Post-Keynesian.
- Says_law wikiPageWikiLink Post-Keynesian_economics.
- Says_law wikiPageWikiLink Real_Business_Cycle_Theory.
- Says_law wikiPageWikiLink Real_business-cycle_theory.
- Says_law wikiPageWikiLink Recession.
- Says_law wikiPageWikiLink Robert_Torrens_(economist).
- Says_law wikiPageWikiLink Saving.
- Says_law wikiPageWikiLink Structural_unemployment.
- Says_law wikiPageWikiLink Supply_creates_its_own_demand.
- Says_law wikiPageWikiLink Surplus_value.
- Says_law wikiPageWikiLink The_New_School.
- Says_law wikiPageWikiLink Thomas_Malthus.
- Says_law wikiPageWikiLink Thomas_Robert_Malthus.
- Says_law wikiPageWikiLink Treasury_view.
- Says_law wikiPageWikiLink Underconsumption.
- Says_law wikiPageWikiLink Underconsumptionist.