EconWatch.com > Consumer Spending Doesn't Drive the Economy | The Freeman | Ideas ...

[The Freeman | Ideas On Liberty] that drives the economy.  Savings, productivity, and technological advances are the keys to economic growth.  This principle was discovered and developed by the brilliant French economist Jean-Baptiste Say in the early nineteenth century and is known as Say’s law.  In fact, he invented the word “entrepreneur” to describe the primary catalyst of economic performance.

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