physiocracy

E166186

Physiocracy is an 18th-century economic doctrine that viewed land and agriculture as the primary sources of a nation’s wealth and advocated minimal government intervention in the economy.

All labels observed (8)

How this entity was disambiguated

Statements (48)

Predicate Object
instanceOf 18th-century ideology ⓘ
economic doctrine ⓘ
school of economic thought ⓘ
advocates laissez-faire economic policy ⓘ
minimal government intervention in the economy ⓘ
associatedWith Anne Robert Jacques Turgot ⓘ
François Quesnay ⓘ
Pierre Samuel du Pont de Nemours ⓘ
Victor de Riqueti, Marquis de Mirabeau ⓘ
category history of economic thought ⓘ
critiquedBy Karl Marx ⓘ
classical economists ⓘ
declinedInInfluence late 18th century ⓘ
developedBy François Quesnay ⓘ
emergedInCentury 18th century ⓘ
emphasizes natural economic order ⓘ
the rule of natural law in economic life ⓘ
etymology from Greek physis and kratos meaning rule of nature ⓘ
foundedBy François Quesnay ⓘ
hasCoreBelief agriculture is the primary source of wealth ⓘ
land is the primary source of wealth ⓘ
manufacturing and trade are sterile sectors ⓘ
only agricultural production creates a net surplus ⓘ
hasKeyWork Tableau économique ⓘ
historicalContext pre-Revolutionary France ⓘ
holdsThat economic processes can be represented in circular flow models ⓘ
wealth derives from the net product of land ⓘ
influenced Adam Smith ⓘ
classical economics ⓘ
laissez-faire liberalism ⓘ
languageOfOrigin French ⓘ
opposedTo mercantilism ⓘ
originatedInCountry France ⓘ
peakInfluencePeriod 1750s ⓘ
1760s ⓘ
supportsPolicy abolition of many indirect taxes ⓘ
free trade in grain ⓘ
removal of internal trade barriers ⓘ
single tax on land ⓘ
timePeriod Ancien Régime France ⓘ
linked to: Ancien Régime
usesConcept circular flow of income ⓘ
net product ⓘ
viewsGovernmentRoleAs enforcer of natural economic laws ⓘ
protector of property rights ⓘ
viewsSectorAsProductive agriculture ⓘ
primary extractive industries ⓘ
viewsSectorAsSterile commerce ⓘ
manufacturing ⓘ

How these facts were elicited

Referenced by (22)

Full triples — surface form annotated when it differs from this entity's canonical label.

François Quesnay → movement → Physiocracy ⓘ
linked to: physiocracy
François Quesnay → notableWork → Physiocratie ⓘ
linked to: physiocracy
François Quesnay → memberOf → Physiocratic school ⓘ
linked to: physiocracy
Anne-Robert-Jacques Turgot → movement → Physiocracy ⓘ
subject linked to: Anne-Robert-Jacques
linked to: physiocracy
Réflexions sur la formation et la distribution des richesses → influencedBy → physiocratic school ⓘ
linked to: physiocracy
Lettre sur la liberté du commerce des grains → influencedBy → physiocrats ⓘ
linked to: physiocracy
Victor Riqueti, marquis de Mirabeau → movement → Physiocracy ⓘ
linked to: physiocracy
Victor Riqueti, marquis de Mirabeau → influenced → French Physiocrats ⓘ
linked to: physiocracy
Pierre Samuel du Pont de Nemours → notableWork → Physiocratie ⓘ
linked to: physiocracy
Pierre Samuel du Pont de Nemours → memberOf → physiocratic school ⓘ
linked to: physiocracy
Arthur Young → influencedBy → physiocrats ⓘ
linked to: physiocracy
François Quesnay → movement → Physiocracy ⓘ
subject linked to: Méré, Yvelines
linked to: physiocracy
Tableau économique → movement → Physiocracy ⓘ
linked to: physiocracy
Tableau économique → notableWorkOf → Physiocratic school ⓘ
linked to: physiocracy
Tableau économique → influencedBy → Physiocracy ⓘ
linked to: physiocracy
Tableau économique → partOf → Physiocratic school of economics ⓘ
linked to: physiocracy
Confucius of Europe → associatedSchool → Physiocracy ⓘ
linked to: physiocracy
L’Ami des hommes → movement → Physiocracy ⓘ
linked to: physiocracy
Bignon → associatedWithMovement → Physiocracy ⓘ
linked to: physiocracy