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" "The celebrated Adam Smith was the first to point out the immense increase of production, and the superior perfection of products referable to this division of labour.
Jean-Baptiste Say (5 January 1767 – 15 November 1832) was a French economist and businessman. He was said to have held classically liberal views. He is most remembered today for Say's Law.
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Capital can seldom be made productive, without undergoing several changes both of form and of place, the risk of which is always more or less alarming to persons unaccustomed to the operations of industry; whereas, on the contrary, landed property produces without any change of either quality or position.
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