Jean-Baptiste Say... Table of Contents Preface 1 Introduction The classical canon xi 1 (24) 1 (14) The Ricardo-Say relation: a review of the 15 (8) literature Plan of work 23 (2) 2 Value, distribution and growth before 1823 25 (61) Say's cost price analysis 1803 25 (1) Cost-price analysis 1814-17 26 (4) The Notes (1819) on Ricardo's Principles: 30 (16) cost price The Notes (1819) on Ricardo's Principles: rent 46 (9) Modifications to the Traite 1819 55 (9) A further modification: the falling rate of 64 (3) interest and the inverse profit-wage relation The 'subsistence' wage and population size The utility dimension 67 (3) 70 (5) The Say-Ricardo correspondence 1820-2: 75 (11) approaching accord on value theory 3 Value, distribution and growth after 1823 86 (58) Cost price analysis 86 (11) Pricing and 'utility' 97 (9) Service-supply conditions 106(13) The earnings structure 119(3) Land-based limits to growth, the falling wage 122(6) path and the stationary state The falling rate of interest 128(1) Summary: Say's representation of Ricardo 129(15) 4 On 'riches': real income and its measurement Introduction 144(45) 144(1) The early Say-Ricardo exchange 1815 145(1) Riches' as real-income flow: the case 146(10) elaborated The late Say-Ricardo exchange 1821-2 156(2) Post-1823 statements 158(7) Malthus on Say and 'riches' 165(5) Capital accumulation: productive and 170(7) unproductive consumption On surplus: gross and net revenue 177(2) Taxation and economic activity 179(5) The gains from trade 184(1) Summary and conclusion 185(4) 5 The Law of Markets Introduction Say's first statement, 1803 189(37) 189(1) 189(5) The evolution of Say's position: general 194(9) excess supply and the problem of 'counter-commodities' The interpretation of contemporary depression 203(9) 'Limits to production': the Law of Markets 212(2) recanted? The Law of Markets and Say's entrepreneur 214(5) Questions of priority: Say and James Mill 219(3) Summary and conclusion 222(4) 6 Say and the classical canon: an overview 226(36) John Stuart Mill's conciliatory position Methodology Doctrine 226(1) 227(23) 250(4) Say and the canonical growth model 254(4) Internal paradigmatic conflicts 258(4) 7 Conclusion The impression of systemic discord 262(23) 262(4) Say's increasing hostility 266(10) An hypothesis 276(9) Appendix I Say's Notes on Ricardo's Principles 285(2) Appendix II On Say's charges against McCulloch 287(2) of plagiarism Appendix III McCulloch's review of Say 1821 289(4) (1819a] Notes 293(18) Bibliography 311(7) Index 318