ABSTRACT
When Jean-Baptiste Say published his Traité d’économie politique (henceforth Treatise or T ) in 1803, economic thinking in England was largely shaped by Smith’s Wealth of Nations, while in France and some other parts of Continental Europe physiocratic ideaswere still predominant. Say, who admittedly had adopted (and adapted) the economics ofAdam Smith for the main parts of his Treatise, can be credited with having established certain Smithian ideas on the Continent.1
