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Just because Marx formulated the law thusly does not mean that he was  
the first to do so.  I don't have a copy of it at hand, but I am fairly  
certain that the phrase "Say's Law" and the accompanying phrase  
identifying it with "supply creates its own demand" or something very  
close to that appeared in John Stuart Mill's _Principles of Political  
Economy_, prior to Marx (who commented on Mill's discussion in  
Vol. III of _Capital_).  Mill himself cited his father, James Mill,  
although I have never read any of his works.  Thus, I would tend to  
agree with the earlier speculation by someone that this formulation was  
probably originally due to James Mill.   
 
Barkley Rosser 
James Madison University 
 
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