JEAN-BAPTISTE SAY
This quotation was written long before the “Protestant work ethic” was coined and well defined. Even though Say was a Frenchman from a Catholic country, he and most other serious economists and politicians recognized this vast difference.
There are many who disagree with Say’s claim that the ancient system of colonization produced more friends then the system was at the beginning f the 19th century. Alexander the Great may have been the only large conqueror in world history where the conquered people thought they were better off than before. Certainly the Romans did not make friends, and the French Normans who conquered England were never considered “friends” by the Saxons.
Jean-Baptiste Say was a liberal French economist and businessman who argued in favor of competition, free trade and lifting restraints on business. He is best known for Say's law—also known as the law of markets—which he popularized. Scholars disagree on the surprisingly subtle question of whether it was Say who first stated what is now called Say's law. Moreover, he was one of the first economists to study entrepreneurship and conceptualized entrepreneurs as organizers and leaders of the economy.