Letters to Malthus on Several Subjects of Political Economy and Stagnation of Commerce

Jean-Baptiste Says Letters to Malthus is comprised of five letters written to a fellow classical economist in 1821. The letters present one side of their discussion on political economy. Says correspondence gives a glimpse into the importance of political economics in nineteenth century Europe. French economist JEAN-BAPTISTE SAY (1767-1832) believed in the open-market system supporting fewer laws putting restraints on businesses. Says Law which states that supply creates its own demand was named after Jean-Baptiste although the idea did not originate with him. He wrote A Treatise on Political Economy (1803).