词汇 | say-s law |
词源 | Say’s Law. Says Say’s Law: In a capitalist economy “the de- mand for products is equal to the sum of the products.” Formu- lated by the French economist Jean-Baptiste Say (1767–1832) in his Traité d’économie politique (1803), the theory holds that “a nation always has the means of buying all it produces,” and a “general glut” of products on the market is impossible, though there can be overproduction of one or more commodities. |
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