to him, entrepreneurs are intermediaries in the production process who combine productive agents such as land, capital and labor in order to meet the demand of consumers. As a result, they play a central role in the economy and fulfil a coordinating role. Besides studying large-scale entrepreneurs, Say looked at people working for themselves: Say also thought about which qualities are essential for successful entrepreneurs and highlighted the quality of judgement. To his mind, entrepreneurs have to continuously assess market needs and the means which could meet them, which requires an "unerring market sense". As he emphasized the coordinating function of entrepreneurs, Say viewed entrepreneurial income primarily as high wages that are paid in compensation for the skills and expert knowledge of entrepreneurs. He did so by making a distinction between the enterprise function and the supply-of-capital-function which allowed him to look at the earnings of the entrepreneur on the one hand and the remuneration of capital on the other hand. This clearly differentiates his theory from that of Joseph Schumpeter, who described entrepreneurial rent as short-term profits that compensate for high risk (Schumpeterian rent). Say also touched upon risk and uncertainty as well as innovation when discussing entrepreneurship, although he never deeply investigated their relationships. However, Say stated: Personal life In 1793, Say married Mlle Deloche, daughter of a former lawyer. Honours In 1826, Say was elected a foreign member of the Royal Swedish Academy of Sciences. Later years and death In his later years, Say became subject to attacks of nervous apoplexy. He lost his wife in January 1830 and from that time his health declined. When the revolution of that year broke out, Say was named a member of the council-general of the department of the Seine, but he found it necessary to resign. Say died in Paris on 15 November 1832 and was buried in the Père Lachaise Cemetery. References Further reading . Garello, Jacques Garello (29 January 2011). "Portrait: J.B. Say (1767–1832)". La nouvelle lettre. 1064: 8. . . External links Say's Law and Economic Growth Federal Reserve Bank of Dallas Economic Insights article (Volume 11, Number 1) A Treatise on Political Economy at McMaster University Archive for the History of Economic Thought Letters to Malthus on Several Subjects of Political Economy (1821) at McMaster University Archive for the History of Economic Thought Guide to the Jean Baptiste Say Collection 1794–1821 at the University of