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Say Against the Overproductionists

Say Against the Overproductionists

Letters to Thomas Robert Malthus on Political Economy and Stagnation of Commerce by Jean Baptiste Say

I know that certain corrupt and corrupting governments stand in need of monopolies and custom-duties, to pay for the vote of the honorable majorities who pretend to be the representatives of nations. I am not sufficiently unjust to desire that one should govern with a view to the general interest, in order to obtain all the votes without paying for them; but at the same time, why should I be surprised that deplorable consequences should be the result of so many vicious systems?

You will readily admit with me, Sir, at least I presume so, the mischief which nations do to each other by their jealousies, their sordid interest, or by the ignorance of those who set themselves up as their organisers; but you maintain that, even supposing they have had more liberal institutions, the commodities produced may exceed the wants of consumers. Well, Sir, I am ready to defend myself on this ground.

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