The Change Of The East India Company Monopoly - 1478 Words

In the four months that he was in England, Say was confronted on the things he saw, the things he admired and those that he deplored. Still in England, Say was able to make crucial friendship networks with well-known economist such as, David Ricardo, Jeremy Bethem, James Mill and Thomas Malthus. At the time, he visited Glasgow; he got a chance to sit on the professorial chair of Adam Smith, and this marked an emotional period in his life. Without a doubt, his perspective of England could not go without observation and criticism of his fresh acquaintances, particularly their view on the East India Company monopoly, as well as, the agricultural protectionism of England via the Corn Laws. However, both of the problem eventually came to an†¦show more content†¦It would help them create the basis in which they would get to criticize the decisions of the state. Say gave lectures at the conservatory for about ten years. It was in the acceptance that he coexisted in a government tha t was doubtful of academic critics. During this time, some of the people who talked about things that the state was not pleased would have their course closed. Finally, prior to his death, about a year or less, Say was given a political economic chair at the France College. Say was for the thought that, his discipline should have the name â€Å"social economy,† as economic policies, and economic laws impacted the society as a whole. Even though he was not feeling well in his last years of life, Say was still productive and was still writing, overseeing and lecturing the fifth version of his famous book ‘Treatise which was published in 1826. Say s wife died in 1830, which led to Say’ being depressed and lonely. In 1832, weeks later after his opening lecture at the France College for the opening term, Say died at the age of sixty-five. Say got credited with more than what came to get known as Say s Law of Markets. Say was neither the first person nor one of the first people to introduce unique economic concepts into the paradigm of the classical school. Examples of such concepts are entrepreneur, services, and utility. Since he was fluent in the English language, Say