IDEAS home Printed from https://ideas.repec.org/p/hal/wpaper/halshs-00985506.html
   My bibliography  Save this paper

Jean-Baptiste Say et la question des débouchés

Author

Listed:
  • Alain Béraud

    (THEMA - Théorie économique, modélisation et applications - UCP - Université de Cergy Pontoise - Université Paris-Seine - CNRS - Centre National de la Recherche Scientifique)

Abstract

Say has shown that there is no amount of capital which may not be employed in a country. Such a proposal does not involve the absence of unemployment and crisis. The markets may be glutted. In his first writings, Say advanced that whenever there is a superabundance of several sorts of merchandise, it is because other articles are not produced. People have bought less, because they have made less profit. Disequilibrium in some markets may limit the global demand for goods. Later, he will explain the commercial crises by the abuses of the banks of circulation who, to discount the bills of their customers, issue excessive quantities of notes. The value of the money decreased; the individuals who held notes asked for the payment in species and banks noticing the decrease of their reserves restricted their credits so provoking a crisis.

Suggested Citation

  • Alain Béraud, 2014. "Jean-Baptiste Say et la question des débouchés," Working Papers halshs-00985506, HAL.
  • Handle: RePEc:hal:wpaper:halshs-00985506
    Note: View the original document on HAL open archive server: https://halshs.archives-ouvertes.fr/halshs-00985506
    as

    Download full text from publisher

    File URL: https://halshs.archives-ouvertes.fr/halshs-00985506/document
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    gluts; quantity theory of money; commercial crisis; Say; débouchés; théorie quantitative de la monnaie; crises commerciales;
    All these keywords.

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hal:wpaper:halshs-00985506. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: . General contact details of provider: https://hal.archives-ouvertes.fr/ .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: CCSD (email available below). General contact details of provider: https://hal.archives-ouvertes.fr/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.