Share this entry

Say's law Line breaks: Say's law
Pronunciation: /ˈseɪz/

Definition of Say's law in English:

noun

Economics
A law stating that supply creates its own demand.
Example sentences
  • The neo-classical resurrection of Ricardo and Say's law is yielding a Malthusian result in over-drive.

Origin

1930s: named after Jean Baptiste Say (1767–1832), French economist.

Definition of Say's law in:

Share this entry

 

What do you find interesting about this word or phrase?

Comments that don't adhere to our Community Guidelines may be moderated or removed.

Get more from Oxford Dictionaries

Subscribe to remove adverts and access premium resources