Jean-Baptiste Say and the 'Law of Markets'

Whatever economic freedom we enjoy in the world today is due, to a great extent, to the ideas and efforts of the classical liberals and economists of the first half of the nineteenth century. Inspired by the eighteenth-century writings of the French Physiocrats and Scottish Moral Philosophers (for example, David Hume and Adam Smith), they forcefully and insightfully demonstrated the errors and inefficiencies in Mercantilism (the eighteenth-century system of government planning and regulation).