Subsequent economists, eager to justify interventions in the name of fighting depression, have caricatured "Say's Law" into something that Say never wrote

Rick Perry and Say's Law

By Institute for Energy Research —— Bio and Archives--July 18, 2017

Global Warming-Energy-Environment | Comments | Back To Full Article

As someone who teaches the history of economic thought, I am happy whenever the hot news involves the ideas of 19^th century French economists. However, I was dismayed that the reaction to Rick Perry's remarks about supply and demand included the casual dismissal of the legacy of J.B. Say. As I'll argue in the present post, I think the elite commentary was unfair to both Say and Perry.

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