----------------- HES POSTING ----------------- I don't have time at this point to check the reference, but I'm pretty sure it was James Mill who first formulated Say's Law in terms of "supply creates its own demand" (rather than "products always exchange for products"). But I don't know who first called it "Say's Law." Hope this helps a bit. John Henry ------------ FOOTER TO HES POSTING ------------ For information, send the message "info HES" to [log in to unmask]