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Say’s Law – The First Law of Economics

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What is Say’s Law?

A short video with an explanation of Says Law, an economic law that is often ignored, or even attacked, by mainstream “economists”.

Otherwise known as The Law of Markets it is the most fundamental law of economics.

Written by French classical economist, and journalist, Jean Baptiste-Say it expanded on The Wealth of Nations, by Adam Smith, it has since driven ideas of many renowned economists including Frederick Hayek and Milton Friedman.

Say’s Law always holds, it is important to remember this as a fact.

If you enjoyed, please leave a like and a comment and I will be making more videos (they just take time) so subscribe for more!

Follow me:

Facebook – https://www.facebook.com/MattysModernLife
Minds – https://www.minds.com/newsfeed
Twitter – https://twitter.com/MattysModernLyf

Maker Support – https://www.makersupport.com/MattysModernLife

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Paypal donations – https://www.paypal.me/mattysmodernlife

Notes: additional notes in pinned comment.

Music by Alexander Blu – https://www.facebook.com/AlexanderBluMusic/

NOTE: I have not monetised this video as Milton Friedman and Adam Smith would want me to because I didn’t take enough care in production to only use “for commercial use” public domain music.

However, if you want some amazing Karma you can donate whatever you want to me here: paypal.me/mattysmodernlife

Donations would be for the channel in general, not for this particular video and would go to a great cause.

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Business UK

Dewbs & Co | Wednesday 28th September

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Watch GB News on Freeview 236, Sky HD 515, Virgin 604, YouView 236 and Freesat HD 216.

Download the GB News App to watch live wherever you are, catch up with all our shows and get the latest news from the GBN family. https://www.gbnews.uk/freegbapp

Don’t forget to follow us on social media too!

Twitter: https://twitter.com/GBNEWS
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Instagram: https://www.instagram.com/gbnewsonline/
LinkedIn: https://www.linkedin.com/company/gb-news/

Click here for the latest Covid-19 guidance from the World Health Organisation ► https://www.who.int/emergencies/diseases/novel-coronavirus-2019/advice-for-public

Click here for the latest NHS information on COVID-19 vaccines
https://www.nhs.uk/conditions/coronavirus-covid-19/coronavirus-vaccination/coronavirus-vaccine/

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‘End the insanity!’ | Former Australian PM Tony Abbott reacts to Keir Starmer’s Labour coup

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‘I hope Andy Burnham has the strength to change what needs to be changed: Fixing immigration, ending the energy insanity… and restoring national pride.’

Former Prime Minister of Australia Tony Abbott reacts to Sir Keir Starmer’s resignation, and how damaging a change of Prime Minister is likely to be for Britain.

#andyburnham #labour #labourparty #keirstarmer #election #uknews #ukpolitics #gbnews

Keep up to date with GB News at gbnews.com or on X @GBNEWS

Become a Friend of GB News: gbnews.com/friend

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Local council gives charity £50K to FAST-TRACK migrant British citizenships

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Alex Armstrong is left enraged after it’s revealed a council has given £50,000 to a charity that helps fast-track illegal migrant’s British citizenships.

It follows another report that shows 10,000 more illegal migrants and asylum seekers are being moved into HMO’s across Britain.

Speaking on GB News, Alex said: “This is where your council’s priorities lie.”

#MigrantCrisis #HMO #asylumseekers #uknews #GBNews

Keep up to date with GB News at gbnews.com or on X @GBNEWS

Become a Friend of GB News: gbnews.com/friend

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Could Ed Miliband become Chancellor in an Andy Burnham government?

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Could Ed Miliband become Chancellor in an Andy Burnham government?

With speculation growing that Rachel Reeves may not feature in Andy Burnham’s future plans, former Labour leader Ed Miliband could emerge as a potential contender for the role.

However, Miliband may face challenges over his strong support for Net Zero policies and his opposition to further drilling in the North Sea.

#UKPolitics #Labour #EdMiliband #UKNews #GBNews

Keep up to date with GB News at gbnews.com or on X @GBNEWS

Become a Friend of GB News: gbnews.com/friend

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Breakfast with Stephen and Anne | Saturday 27th June

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Join Stephen Dixon and Ellie Costello to start your day across the United Kingdom. This is your breakfast show. Join the conversation about what is happening in our nation and the world.

Keep up to date with the latest news at https://www.gbnews.com

Twitter: https://twitter.com/GBNEWS
Facebook: https://www.facebook.com/GBNewsOnline

Download the GB News app! You can watch GB News on all of your favourite devices and keep up to date with the latest news, analysis, opinion and more.

https://www.gbnews.com/watch/how-to-watch

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