Contents: Introduction 1. Say’s Law in the Structure of the General Theory 2. J.-B. Say, James Mill and Robert Torrens 3. David Ricardo 4. John Stuart Mill 5. Say’s Law in English Classical Theory 6. Say’s Law in the Classical Theory of the Business Cycle 7. Keynes’s Discovery of Say’s Law 8. Influences Deepening Keynes’s Understanding of Say’s Law 9. The Early Post-General Theory Evolution of Say’s Law 10. Modern Interpretations of Say’s Law 11. Critics of the Modern Interpretation 12. Conclusion Appendix Bibliography Index
Steven Kates, Senior Fellow, Centre for Labour Market Research, University of Canberra, Australia
'His book not only summarizes the entire literature on Say's Law but also offers a new perspective on the place of this theorem in the Anglo-American literature (as well as in Ropke and Haberler) between James Mill and Maynard Keynes. I consider this book required reading for macroeconomists as well as historians of economic thought and intellectual historians.' - Evert Schoorl, De Economist 'Based on the comprehensive and well-written historically analytical chapters alone, this book is highly recommended for students interested in the history of economic thought, as well as for contemporary theorists and empiricists who are concerned with non-Keynesian research on business cycles and unemployment.' - Roy Rotheim, Journal of Economic Literature 'In this fascinating and well-researched book, Kates takes issue with the standard Keynesian interpretation of Say's law of markets.' - Thomas M. Humphrey, The Economic Journal 'Steven Kates has written a book of considerable learning. He has written an animated and stimulating book. He has written a book that treats with fresh handsome well known materials. It is a pleasure to read, and a gift to its field.' - William Coleman, History of Economics Review 'A first rate and scholarly study. Its discussion of the role, interpretation and misinterpretation of Say's LawA" in the Keynesian and subsequent literature is particularly valuable. No other source throws as much light on these more-recent writings or examines them more systematically.' - William J. Baumol, New York University and Princeton University, US
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