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
The Quest for Cosmic Justice Rating: 5 out of 5 stars5/5Black Rednecks & White Liberals Rating: 5 out of 5 stars5/5Inside American Education Rating: 4 out of 5 stars4/5Civil Rights: RHETORIC OR REALITY Rating: 4 out of 5 stars4/5Ever Wonder Why?: and Other Controversial Essays Rating: 5 out of 5 stars5/5Is Reality Optional?: And Other Essays Rating: 5 out of 5 stars5/5A Personal Odyssey Rating: 4 out of 5 stars4/5Controversial Essays Rating: 4 out of 5 stars4/5"Trickle Down Theory" and "Tax Cuts for the Rich" Rating: 5 out of 5 stars5/5Barbarians inside the Gates and Other Controversial Essays Rating: 4 out of 5 stars4/5Education: Assumptions versus History: Collected Papers Rating: 4 out of 5 stars4/5
Related to Say's Law
Titles in the series (6)
The Interpretation of Quantum Mechanics Rating: 3 out of 5 stars3/5Engineers of Happy Land: Technology and Nationalism in a Colony Rating: 5 out of 5 stars5/5Regulating 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 stars5/5Colonialism and Revolution in the Middle East: Social and Cultural Origins of Egypt's Urabi Movement Rating: 4 out of 5 stars4/5Gibeon, Where the Sun Stood Still: The Discovery of the Biblical City Rating: 4 out of 5 stars4/5
Related ebooks
The Politically Incorrect Guide to the Founding Fathers Rating: 4 out of 5 stars4/5Republic, Not a Democracy: How to Restore Sanity in America Rating: 3 out of 5 stars3/5The Politically Incorrect Guide to Socialism Rating: 3 out of 5 stars3/510 Books Every Conservative Must Read: Plus Four Not to Miss and One Impostor Rating: 4 out of 5 stars4/5The Bias Against Guns: Why Almost Everything You'Ve Heard About Gun Control Is Wrong Rating: 5 out of 5 stars5/5Common Sense: Bestsellers and famous Books Rating: 0 out of 5 stars0 ratingsThe Politically Incorrect Guide to Capitalism Rating: 4 out of 5 stars4/5The Enduring Tension: Capitalism and the Moral Order Rating: 0 out of 5 stars0 ratingsOpen Borders Inc.: Who's Funding America's Destruction? Rating: 4 out of 5 stars4/5The New Americans: How the Melting Pot Can Work Again Rating: 0 out of 5 stars0 ratingsFools, Frauds and Firebrands: Thinkers of the New Left Rating: 4 out of 5 stars4/59 Presidents Who Screwed Up America: And Four Who Tried to Save Her Rating: 3 out of 5 stars3/5The Bell Curve: Intelligence and Class Structure in American Life Rating: 4 out of 5 stars4/5Clarence Thomas and the Lost Constitution Rating: 0 out of 5 stars0 ratingsSummary of Thomas Sowell's Intellectuals and Society Rating: 4 out of 5 stars4/5The Rise and Fall of Violent Crime in America Rating: 0 out of 5 stars0 ratingsFreedomnomics: Why the Free Market Works and Other Half-baked Theories Don't Rating: 4 out of 5 stars4/5The Politically Incorrect Guide to the Great Depression and the New Deal Rating: 4 out of 5 stars4/5The Politically Incorrect Guide to American History Rating: 4 out of 5 stars4/5The Politically Incorrect Guide to Communism Rating: 3 out of 5 stars3/5Taboo: 10 Facts You Can't Talk About Rating: 3 out of 5 stars3/5Church of Cowards: A Wake-Up Call to Complacent Christians Rating: 4 out of 5 stars4/5From Subsistence to Exchange and Other Essays Rating: 4 out of 5 stars4/5Heaven on Earth: The Rise, Fall, and Afterlife of Socialism Rating: 0 out of 5 stars0 ratings10 Books that Screwed Up the World: And 5 Others That Didn't Help Rating: 3 out of 5 stars3/5Up from the Projects: An Autobiography Rating: 5 out of 5 stars5/5We Have Overcome: An Immigrant’s Letter to the American People Rating: 0 out of 5 stars0 ratingsReflections on the Revolution in France Rating: 4 out of 5 stars4/5The Libertarian Reader: Classic and Contemporary Writings from Lao Tzu to Rating: 5 out of 5 stars5/5
Economics For You
Economics 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 stars4/5The Richest Man in Babylon: The most inspiring book on wealth ever written Rating: 5 out of 5 stars5/5The Hard Truth About Soft Skills: Soft Skills for Succeeding in a Hard Wor Rating: 3 out of 5 stars3/5Predictably Irrational, Revised and Expanded Edition: The Hidden Forces That Shape Our Decisions Rating: 4 out of 5 stars4/5Everybody Lies: Big Data, New Data, and What the Internet Can Tell Us About Who We Really Are Rating: 4 out of 5 stars4/5A History of Central Banking and the Enslavement of Mankind Rating: 5 out of 5 stars5/5Divergent Mind: Thriving in a World That Wasn't Designed for You Rating: 4 out of 5 stars4/5Capitalism and Freedom Rating: 4 out of 5 stars4/5Wise as Fu*k: Simple Truths to Guide You Through the Sh*tstorms of Life Rating: 5 out of 5 stars5/5Principles for Dealing with the Changing World Order: Why Nations Succeed and Fail Rating: 4 out of 5 stars4/5Confessions of an Economic Hit Man, 3rd Edition Rating: 5 out of 5 stars5/5The Lords of Easy Money: How the Federal Reserve Broke the American Economy 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 stars4/5Getting to Yes with Yourself: (and Other Worthy Opponents) Rating: 4 out of 5 stars4/5Sex Trafficking: Inside the Business of Modern Slavery 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 stars4/5Chip War: The Fight for the World's Most Critical Technology 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 stars4/5Capital in the Twenty-First Century Rating: 4 out of 5 stars4/5Disrupting Sacred Cows: Navigating and Profiting in the New Economy Rating: 0 out of 5 stars0 ratingsThe Sovereign Individual: Mastering the Transition to the Information Age Rating: 4 out of 5 stars4/5A People's Guide to Capitalism: An Introduction to Marxist Economics Rating: 4 out of 5 stars4/5Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism Rating: 4 out of 5 stars4/5These Are the Plunderers: How Private Equity Runs—and Wrecks—America Rating: 0 out of 5 stars0 ratingsThe Two-Parent Privilege: How Americans Stopped Getting Married and Started Falling Behind Rating: 5 out of 5 stars5/5Bottle of Lies: The Inside Story of the Generic Drug Boom Rating: 4 out of 5 stars4/5The Spirit Level: Why Greater Equality Makes Societies Stronger Rating: 4 out of 5 stars4/5
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.