Say's Law: An Historical Analysis
5/5
()
Currently unavailable
Currently unavailable
About this ebook
Say's Law—the idea that "supply creates its own demand"—has been a basic concept in economics for almost two centuries. Thomas Sowell traces its evolution as it emerged from successive controversies, particularly two of the most bitter and long lasting in the history of the discipline, the "general glut controversy" that reached a peak in the 1820s, and the Keynesian Revolution of the 1930s. These controversies not only involved almost every noted economist of the time but had repercussions on basic economic theory, methodology, and sociopolitical theory. This book, the first comprehensive coverage of the subject, will be an indispensable addition to the history of economic thought. It is also relevant to all social sciences concerned with economic prosperity, with the nature of intellectual orthodoxy and insurgency, or with the complex relationships among ideology, concepts, and policies.
Originally published in 1972.
The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.
Thomas Sowell
Thomas Sowell is a Senior Fellow at the Hoover Institution, Stanford University. He has been a professor of economics at leading American colleges and universities and has lectured in Singapore, Israel, Switzerland, and Germany, as well as across the United States.
Read more from Thomas Sowell
Black Rednecks & White Liberals Rating: 5 out of 5 stars5/5The Quest for Cosmic Justice Rating: 5 out of 5 stars5/5Civil Rights: Rhetoric or Reality Rating: 4 out of 5 stars4/5Inside American Education Rating: 4 out of 5 stars4/5"Trickle Down Theory" and "Tax Cuts for the Rich" Rating: 5 out of 5 stars5/5A Personal Odyssey Rating: 4 out of 5 stars4/5Ever Wonder Why?: and Other Controversial Essays Rating: 5 out of 5 stars5/5Controversial Essays Rating: 4 out of 5 stars4/5Is Reality Optional?: And Other Essays Rating: 5 out of 5 stars5/5Education: Assumptions versus History: Collected Papers Rating: 4 out of 5 stars4/5Barbarians inside the Gates and Other Controversial Essays Rating: 4 out of 5 stars4/5
Related to Say's Law
Titles in the series (6)
Engineers of Happy Land: Technology and Nationalism in a Colony Rating: 5 out of 5 stars5/5The Interpretation of Quantum Mechanics Rating: 3 out of 5 stars3/5Regulating the Social: The Welfare State and Local Politics in Imperial Germany Rating: 0 out of 5 stars0 ratingsSocial Bodies: Science, Reproduction, and Italian Modernity Rating: 5 out of 5 stars5/5Gibeon, Where the Sun Stood Still: The Discovery of the Biblical City Rating: 4 out of 5 stars4/5Colonialism and Revolution in the Middle East: Social and Cultural Origins of Egypt's Urabi Movement Rating: 4 out of 5 stars4/5
Related ebooks
Studies on the Abuse and Decline of Reason: Text and Documents Rating: 4 out of 5 stars4/5Waging the War of Ideas Rating: 5 out of 5 stars5/5The Fatal Conceit: The Errors of Socialism Rating: 2 out of 5 stars2/5The Indispensable Milton Friedman: Essays on Politics and Economics Rating: 0 out of 5 stars0 ratingsEducation: Assumptions versus History: Collected Papers Rating: 4 out of 5 stars4/5Is Reality Optional?: And Other Essays Rating: 5 out of 5 stars5/5Barbarians inside the Gates and Other Controversial Essays Rating: 4 out of 5 stars4/5A Personal Odyssey Rating: 4 out of 5 stars4/5Race & Economics: How Much Can Be Blamed on Discrimination? Rating: 5 out of 5 stars5/5Controversial Essays Rating: 4 out of 5 stars4/5Ever Wonder Why?: and Other Controversial Essays Rating: 5 out of 5 stars5/5Discrimination and Disparities: by Thomas Sowell | Conversation Starters Rating: 2 out of 5 stars2/5The Ten Things You Can't Say In America Rating: 4 out of 5 stars4/5More Liberty Means Less Government: Our Founders Knew This Well Rating: 4 out of 5 stars4/5Liberty Versus the Tyranny of Socialism: Controversial Essays Rating: 5 out of 5 stars5/5Milton Friedman on Freedom: Selections from The Collected Works of Milton Friedman Rating: 0 out of 5 stars0 ratingsUnderstanding Thomas Sowell Rating: 5 out of 5 stars5/5American Contempt for Liberty Rating: 4 out of 5 stars4/5Stupid Black Men: How to Play the Race Card--and Lose Rating: 4 out of 5 stars4/5The Constitution of Liberty: The Definitive Edition Rating: 4 out of 5 stars4/5Why Government Is the Problem Rating: 4 out of 5 stars4/5Choice: Cooperation, Enterprise, and Human Action Rating: 5 out of 5 stars5/5Do the Right Thing: The People's Economist Speaks Rating: 5 out of 5 stars5/5Up from the Projects: An Autobiography Rating: 5 out of 5 stars5/5Russell Kirk's Concise Guide to Conservatism Rating: 5 out of 5 stars5/5The Politically Incorrect Guide to the Constitution Rating: 5 out of 5 stars5/5The Politically Incorrect Guide to Socialism Rating: 3 out of 5 stars3/5I Can't Breathe: How a Racial Hoax Is Killing America Rating: 3 out of 5 stars3/5The Law Rating: 5 out of 5 stars5/5The Smallest Minority: Independent Thinking in the Age of Mob Politics Rating: 4 out of 5 stars4/5
Economics For You
Economics For Dummies, 3rd Edition Rating: 5 out of 5 stars5/5Quiet Leadership: Six Steps to Transforming Performance at Work Rating: 4 out of 5 stars4/5How to Be Everything: A Guide for Those Who (Still) Don't Know What They Want to Be When They Grow Up Rating: 4 out of 5 stars4/5Wise as Fu*k: Simple Truths to Guide You Through the Sh*tstorms of Life Rating: 4 out of 5 stars4/5Economix: How and Why Our Economy Works (and Doesn't Work), in Words and Pictures Rating: 4 out of 5 stars4/5Economics 101: From Consumer Behavior to Competitive Markets--Everything You Need to Know About Economics Rating: 4 out of 5 stars4/5The Intelligent Investor, Rev. Ed: The Definitive Book on Value Investing Rating: 4 out of 5 stars4/5You Can't Lie to Me: The Revolutionary Program to Supercharge Your Inner Lie Detector and Get to the Truth Rating: 4 out of 5 stars4/5Capital in the Twenty-First Century Rating: 4 out of 5 stars4/5The Hard Truth About Soft Skills: Soft Skills for Succeeding in a Hard Wor Rating: 3 out of 5 stars3/5Divergent Mind: Thriving in a World That Wasn't Designed for You Rating: 4 out of 5 stars4/5A History of Central Banking and the Enslavement of Mankind Rating: 5 out of 5 stars5/5Sex Trafficking: Inside the Business of Modern Slavery Rating: 4 out of 5 stars4/5Capitalism and Freedom Rating: 4 out of 5 stars4/5The Richest Man in Babylon: The most inspiring book on wealth ever written Rating: 5 out of 5 stars5/5Recession-Proof Real Estate Investing: How to Survive (and Thrive!) During Any Phase of the Economic Cycle Rating: 5 out of 5 stars5/5The Sovereign Individual: Mastering the Transition to the Information Age Rating: 4 out of 5 stars4/5Principles for Dealing with the Changing World Order: Why Nations Succeed and Fail Rating: 4 out of 5 stars4/5Talking to My Daughter About the Economy: or, How Capitalism Works--and How It Fails Rating: 4 out of 5 stars4/5Chip War: The Fight for the World's Most Critical Technology Rating: 4 out of 5 stars4/5The Lords of Easy Money: How the Federal Reserve Broke the American Economy Rating: 4 out of 5 stars4/5Nickel and Dimed: On (Not) Getting By in America Rating: 4 out of 5 stars4/5The Affluent Society Rating: 4 out of 5 stars4/5The Myth of Capitalism: Monopolies and the Death of Competition Rating: 4 out of 5 stars4/5Confessions of an Economic Hit Man, 3rd Edition Rating: 5 out of 5 stars5/5The Spirit Level: Why Greater Equality Makes Societies Stronger Rating: 4 out of 5 stars4/5The Price of Time: The Real Story of Interest Rating: 5 out of 5 stars5/5
Reviews for Say's Law
2 ratings1 review
- Rating: 5 out of 5 stars5/5This is a very thorough and convincingly non-partisan examination of the set of theorems and conjectures we call "Say's Law." This is also, for my money, the best book Sowell ever wrote. Maybe not his most important, but his best.