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School of thought in economics
Physiocracy (French: physiocratie; from the Greek for "government of nature") is an economic theory developed by a group of 18th-century Age of Enlightenment
Physiocracy
Philosophy supporting rural society
China's agrarian policies, in forming the French agrarian philosophy of physiocracy. The physiocrats, along with the ideas of John Locke and the Romantic
Agrarianism
Resources used in the production process
stark when it comes to deciding which factor is the most important. Physiocracy (from the Greek for "government of nature") is an economic theory developed
Factors_of_production
18th-century German centralist economic theory
Germany and France, the trend was especially strong in cameralism and physiocracy. According to David F. Lindenfeld, it was divided into three: public
Cameralism
Economics of developing economies
Development economics is a branch of economics that deals with economic aspects of the development process in low- and middle- income countries. Its focus
Development_economics
British statesman and writer (1874–1965)
Acres Topolobampo Defunct Kiautschou Bay Related Agrarianism Chiangism Physiocracy Legal despotism Shoshinsha mark Economics portal Politics portal v t
Winston_Churchill
Lifestyle of self-sufficiency
philosophy tracts as well (Agriculturalism). In the 1700s, the philosophy of physiocracy developed in France and by the 1800s and early 1900s the philosophy of
Homesteading
Economic system free from interventionism
capitalism Objectivism – Philosophical system developed by Ayn Rand Physiocracy – School of thought in economics Privatization – Transferring something
Laissez-faire
Worldwide economic depression (1929–1939)
Lausanne New classical Real business-cycle theory New institutional Physiocracy Socialist Stockholm Supply-side Thermo Economists de Mandeville Quesnay
Great_Depression
Scottish economist and philosopher (1723–1790)
number of items necessary to the colonies. In Paris Smith encountered the Physiocracy school founded by François Quesnay and conversed with their intellectuals
Adam_Smith
Political philosophy emphasising social ownership of production
capitalist theory Industrial Revolution Late capitalism Merchant capitalism Physiocracy Ideology Anglo-Saxon Authoritarian Conservative Corporate Democratic
Socialism
18th century physiocratic economic model
Arundhati Virmani (2002) The Political Failure of an Economic Theory: Physiocracy, Population, Vol. 57, No. 6. (Nov. - Dec., 2002), pp. 855–883. A. L.
Tableau_économique
Economic policy emphasizing exports
bigger markets and armies. Opposite to mercantilism was the doctrine of physiocracy, which predicted that mankind would outgrow its resources. The idea of
Mercantilism
Area of production, distribution, trade of, and consumption of goods and services
Scotsman Adam Smith (1723–1790) who was inspired partly by the ideas of physiocracy, a reaction to mercantilism and also later Economics student, Adam Mari
Economy
Ideology supporting both civil and economic liberties
that is, in the highest degree of interference by public power". French physiocracy heavily influenced British classical liberalism, which traces its roots
Classical_liberalism
Philosophy of individual rights and liberty
Industrial Revolution Mercantilism Merchant capitalism Primitive accumulation Physiocracy Simple commodity production Development Advanced Consumer Community Corporate
Liberalism
Empress of Russia from 1762 to 1796
made use of the social theory ideas of German cameralism and French physiocracy, as well as Russian precedents and experiments such as foundling homes
Catherine_the_Great
Measure of prices in different countries
Lausanne New classical Real business-cycle theory New institutional Physiocracy Socialist Stockholm Supply-side Thermo Economists de Mandeville Quesnay
Purchasing_power_parity
Social movement in German-speaking lands around the turn of the twentieth century
Green anarchism History of the hippie movement Localism Neo-Tribalism Physiocracy Permaculture Plain people Renewable energy Rural flight Self-sufficiency
Lebensreform
Economic philosophy centered on common ownership of land
proviso Manorialism Natural and legal rights Neoclassical liberalism Physiocracy Poverty reduction Radical centrism Tax shift Three Principles of the
Georgism
Taking financial risks in the hope of profit
Industrial Revolution Mercantilism Merchant capitalism Primitive accumulation Physiocracy Simple commodity production Development Advanced Consumer Community Corporate
Entrepreneurship
Political ideology promoting free-market capitalism
Industrial Revolution Mercantilism Merchant capitalism Primitive accumulation Physiocracy Simple commodity production Development Advanced Consumer Community Corporate
Neoliberalism
Set of actions with the intent of earning profit
Lausanne New classical Real business-cycle theory New institutional Physiocracy Socialist Stockholm Supply-side Thermo Economists de Mandeville Quesnay
Investment
Already-produced durable goods that are used in production of goods or services
Industrial Revolution Mercantilism Merchant capitalism Primitive accumulation Physiocracy Simple commodity production Development Advanced Consumer Community Corporate
Capital_(economics)
Social science studying goods and services
Lausanne New classical Real business-cycle theory New institutional Physiocracy Socialist Stockholm Supply-side Thermo Economists de Mandeville Quesnay
Economics
Relationship between employee and employer
Lausanne New classical Real business-cycle theory New institutional Physiocracy Socialist Stockholm Supply-side Thermo Economists de Mandeville Quesnay
Employment
British economist (1883–1946)
Industrial Revolution Mercantilism Merchant capitalism Primitive accumulation Physiocracy Simple commodity production Development Advanced Consumer Community Corporate
John_Maynard_Keynes
Legal entity incorporated through a legislative or registration process
Industrial Revolution Mercantilism Merchant capitalism Primitive accumulation Physiocracy Simple commodity production Development Advanced Consumer Community Corporate
Corporation
French-American writer, economist, and government official (1739–1817)
attention of intellectuals such as Voltaire and Turgot. His 1768 book on physiocracy (Physiocratie, ou Constitution naturelle du gouvernement le plus avantageux
Pierre Samuel du Pont de Nemours
Pierre_Samuel_du_Pont_de_Nemours
Financial institution and UN specialized agency
Lausanne New classical Real business-cycle theory New institutional Physiocracy Socialist Stockholm Supply-side Thermo Economists de Mandeville Quesnay
International_Monetary_Fund
Application of mathematical and statistical methods in finance
Lausanne New classical Real business-cycle theory New institutional Physiocracy Socialist Stockholm Supply-side Thermo Economists de Mandeville Quesnay
Mathematical_finance
Russian writer (1828–1910)
Acres Topolobampo Defunct Kiautschou Bay Related Agrarianism Chiangism Physiocracy Legal despotism Shoshinsha mark Economics portal Politics portal v t
Leo_Tolstoy
Acquisition of goods beyond essential needs
Industrial Revolution Mercantilism Merchant capitalism Primitive accumulation Physiocracy Simple commodity production Development Advanced Consumer Community Corporate
Consumerism
1760–1840 agrarian to industrial era shift
Industrial Revolution Mercantilism Merchant capitalism Primitive accumulation Physiocracy Simple commodity production Development Advanced Consumer Community Corporate
Industrial_Revolution
Levy on the unimproved value of land
development. Before the Industrial Revolution, this was approximately correct. Physiocracy is one of the "early modern" schools of economics. Physiocrats called
Land_value_tax
Systems-based study of economic processes
Lausanne New classical Real business-cycle theory New institutional Physiocracy Socialist Stockholm Supply-side Thermo Economists de Mandeville Quesnay
Agent-based computational economics
Agent-based_computational_economics
philosopher, writer, constitutional lawyer, economist (representative of physiocracy), historian, translator, officer and engineer Ferdinand von Meggenhofen
List_of_Illuminati_members
Chinese revolutionary and statesman (1866–1925)
Acres Topolobampo Defunct Kiautschou Bay Related Agrarianism Chiangism Physiocracy Legal despotism Shoshinsha mark Economics portal Politics portal v t
Sun_Yat-sen
Agrarian movement of former urbanites
Nordlund Lebensreform Localism Neo-Tribalism Noble savage Permaculture Physiocracy Plain people Primitive technology Renewable energy Jean-Jacques Rousseau
Back-to-the-land_movement
Source from which natural law seeks to derive its authority
society without losing significant freedoms. The concept natural order of Physiocracy originated from "Way of Nature" of Chinese Taoism. The Chinese Taoism
Natural_order_(philosophy)
Devaluation of money's purchasing power
Lausanne New classical Real business-cycle theory New institutional Physiocracy Socialist Stockholm Supply-side Thermo Economists de Mandeville Quesnay
Inflation
Difference between marginal product and opportunity cost
the quasi-rent will be competed away. In political economy, including physiocracy, classical economics, Georgism, and other schools of economic thought
Economic_rent
Standardization of money
Lausanne New classical Real business-cycle theory New institutional Physiocracy Socialist Stockholm Supply-side Thermo Economists de Mandeville Quesnay
Currency
Object or record accepted as payment
Lausanne New classical Real business-cycle theory New institutional Physiocracy Socialist Stockholm Supply-side Thermo Economists de Mandeville Quesnay
Money
President of the United States from 1877 to 1881
Acres Topolobampo Defunct Kiautschou Bay Related Agrarianism Chiangism Physiocracy Legal despotism Shoshinsha mark Economics portal Politics portal v t
Rutherford_B._Hayes
Person who allocates capital with the expectation of a financial return
Industrial Revolution Mercantilism Merchant capitalism Primitive accumulation Physiocracy Simple commodity production Development Advanced Consumer Community Corporate
Investor
French economist and statesman (1727–1781)
original on 3 June 2021. Retrieved 5 March 2020. William Doyle uses physiocracy to explain the freeing of the grain trade and treats Turgot as a physiocrat
Anne_Robert_Jacques_Turgot
Political and economic ideology
capitalist theory Industrial Revolution Late capitalism Merchant capitalism Physiocracy Ideology Anglo-Saxon Authoritarian Conservative Corporate Democratic
Economic_liberalism
Form of communication for marketing
capitalist theory Industrial Revolution Late capitalism Merchant capitalism Physiocracy Ideology Anglo-Saxon Authoritarian Conservative Corporate Democratic
Advertising
American economist (born 1952)
has sought to explain the Physiocratic model of the macro-economy (see Physiocracy), and to argue that the Tableau Économique is a consistent economic model
Steven_Pressman_(economist)
Völkisch movement Agrarianism Agrarian reformism Land reform movement Physiocracy Communitarianism Direct democracy Euroscepticism Hard Euroscepticism
List_of_political_ideologies
Things made and done for people
Lausanne New classical Real business-cycle theory New institutional Physiocracy Socialist Stockholm Supply-side Thermo Economists de Mandeville Quesnay
Goods_and_services
Ukrainian-American writer and media personality
liberalism French liberal school Homestead principle Labor theory of property Physiocracy Individualist anarchism Concepts Anti-statism Civil rights Corporate
Michael_Malice
American economist and statistician (1912–2006)
Industrial Revolution Mercantilism Merchant capitalism Primitive accumulation Physiocracy Simple commodity production Development Advanced Consumer Community Corporate
Milton_Friedman
President of Argentina since 2023
liberalism French liberal school Homestead principle Labor theory of property Physiocracy Individualist anarchism Concepts Anti-statism Civil rights Corporate
Javier_Milei
Economic system with both capitalist and socialist elements
Industrial Revolution Mercantilism Merchant capitalism Primitive accumulation Physiocracy Simple commodity production Development Advanced Consumer Community Corporate
Mixed_economy
German-American anarcho-capitalist academic (born 1949)
liberalism French liberal school Homestead principle Labor theory of property Physiocracy Individualist anarchism Concepts Anti-statism Civil rights Corporate
Hans-Hermann_Hoppe
Internal territory of Australia
Acres Topolobampo Defunct Kiautschou Bay Related Agrarianism Chiangism Physiocracy Legal despotism Shoshinsha mark Economics portal Politics portal v t
Australian_Capital_Territory
Abundance of financial assets or possessions
capitalist theory Industrial Revolution Late capitalism Merchant capitalism Physiocracy Ideology Anglo-Saxon Authoritarian Conservative Corporate Democratic
Wealth
Person involved in activities for profit
Industrial Revolution Mercantilism Merchant capitalism Primitive accumulation Physiocracy Simple commodity production Development Advanced Consumer Community Corporate
Businessperson
English naturalist (1823–1913)
Acres Topolobampo Defunct Kiautschou Bay Related Agrarianism Chiangism Physiocracy Legal despotism Shoshinsha mark Economics portal Politics portal v t
Alfred_Russel_Wallace
Political ideology and movement opposed to capitalism
Industrial Revolution Mercantilism Merchant capitalism Primitive accumulation Physiocracy Simple commodity production Development Advanced Consumer Community Corporate
Anti-capitalism
Russian-American writer (1905–1982)
Industrial Revolution Mercantilism Merchant capitalism Primitive accumulation Physiocracy Simple commodity production Development Advanced Consumer Community Corporate
Ayn_Rand
Macroeconomic theory
Industrial Revolution Mercantilism Merchant capitalism Primitive accumulation Physiocracy Simple commodity production Development Advanced Consumer Community Corporate
Modern_Monetary_Theory
Organizational theory
capitalist theory Industrial Revolution Late capitalism Merchant capitalism Physiocracy Ideology Anglo-Saxon Authoritarian Conservative Corporate Democratic
Decentralization
Approach to economics
Industrial Revolution Mercantilism Merchant capitalism Primitive accumulation Physiocracy Simple commodity production Development Advanced Consumer Community Corporate
Neoclassical_economics
School of thought in monetary economics
Industrial Revolution Mercantilism Merchant capitalism Primitive accumulation Physiocracy Simple commodity production Development Advanced Consumer Community Corporate
Monetarism
General term for rules, including delegated legislation and self-regulation
capitalist theory Industrial Revolution Late capitalism Merchant capitalism Physiocracy Ideology Anglo-Saxon Authoritarian Conservative Corporate Democratic
Regulation
French economist (1728–1780)
was a French jurist and economist. He is one of the main figures of physiocracy, a school of thought founded by François Quesnay and the Marquis de Mirabeau
Guillaume-François_Le_Trosne
Prime Minister of the United Kingdom from 1916 to 1922
Acres Topolobampo Defunct Kiautschou Bay Related Agrarianism Chiangism Physiocracy Legal despotism Shoshinsha mark Economics portal Politics portal v t
David_Lloyd_George
Concept in economics and decision theory
Lausanne New classical Real business-cycle theory New institutional Physiocracy Socialist Stockholm Supply-side Thermo Economists de Mandeville Quesnay
Utility
Benefit provided by a good or service in an economy
Industrial Revolution Mercantilism Merchant capitalism Primitive accumulation Physiocracy Simple commodity production Development Advanced Consumer Community Corporate
Value_(economics)
Political philosophy
Germany and France, the trend was especially strong in Cameralism and Physiocracy. Government responses to the Age of Enlightenment varied widely. In several
Enlightened_absolutism
doctrines of enlightened absolutism, natural law, mercantilism, and physiocracy. With a goal of establishing a uniform legal framework to replace heterogeneous
History_of_Austria
Term used in agriculture and business
capitalist theory Industrial Revolution Late capitalism Merchant capitalism Physiocracy Ideology Anglo-Saxon Authoritarian Conservative Corporate Democratic
Agribusiness
Andalusian politician (1885–1936)
Acres Topolobampo Defunct Kiautschou Bay Related Agrarianism Chiangism Physiocracy Legal despotism Shoshinsha mark Economics portal Politics portal v t
Blas_Infante
Austrian political economist (1883–1950)
Industrial Revolution Mercantilism Merchant capitalism Primitive accumulation Physiocracy Simple commodity production Development Advanced Consumer Community Corporate
Joseph_Schumpeter
Study of an economy as a whole
Lausanne New classical Real business-cycle theory New institutional Physiocracy Socialist Stockholm Supply-side Thermo Economists de Mandeville Quesnay
Macroeconomics
Entity owned by a person or a group of people
capitalist theory Industrial Revolution Late capitalism Merchant capitalism Physiocracy Ideology Anglo-Saxon Authoritarian Conservative Corporate Democratic
Property
Country Spain Basque señoríos Basques Victory of the Spanish government Physiocracy is imposed against Basque Fueros. Mapuche uprising of 1766 (1766) Part
List_of_wars_involving_Spain
at Martinique in the West Indies (1759-1764), and noted advocate of Physiocracy. In 1774, Mercier wrote a letter to Benjamin Franklin proposing to purchase
Pierre-Paul Lemercier de La Rivière de Saint-Médard
Pierre-Paul_Lemercier_de_La_Rivière_de_Saint-Médard
Canadian-American anarchist (1947–2004)
liberalism French liberal school Homestead principle Labor theory of property Physiocracy Individualist anarchism Concepts Anti-statism Civil rights Corporate
Samuel_Edward_Konkin_III
Anarchist organisational model for trade unions
capitalist theory Industrial Revolution Late capitalism Merchant capitalism Physiocracy Ideology Anglo-Saxon Authoritarian Conservative Corporate Democratic
Anarcho-syndicalism
British economist and politician (1772–1823)
Industrial Revolution Mercantilism Merchant capitalism Primitive accumulation Physiocracy Simple commodity production Development Advanced Consumer Community Corporate
David_Ricardo
Group making loans to developing countries
Lausanne New classical Real business-cycle theory New institutional Physiocracy Socialist Stockholm Supply-side Thermo Economists de Mandeville Quesnay
World_Bank_Group
2001 book by Hans-Hermann Hoppe
liberalism French liberal school Homestead principle Labor theory of property Physiocracy Individualist anarchism Concepts Anti-statism Civil rights Corporate
Democracy: The God That Failed
Democracy:_The_God_That_Failed
State-owned investment fund
Acres Topolobampo Defunct Kiautschou Bay Related Agrarianism Chiangism Physiocracy Legal despotism Shoshinsha mark Economics portal Politics portal v t
Sovereign_wealth_fund
Controlled distribution of things
Lausanne New classical Real business-cycle theory New institutional Physiocracy Socialist Stockholm Supply-side Thermo Economists de Mandeville Quesnay
Rationing
Tax system based on one form of taxation
Princeton University Press. Retrieved 2012-10-21. Steiner, Phillippe (2003) "Physiocracy and French Pre-Classical Political Economy", Chapter 5. in eds. Biddle
Single_tax
Engaging in risky financial transactions
Industrial Revolution Mercantilism Merchant capitalism Primitive accumulation Physiocracy Simple commodity production Development Advanced Consumer Community Corporate
Speculation
French economist (1801–1850)
Industrial Revolution Mercantilism Merchant capitalism Primitive accumulation Physiocracy Simple commodity production Development Advanced Consumer Community Corporate
Frédéric_Bastiat
Economic system based on private ownership
Industrial Revolution Mercantilism Merchant capitalism Primitive accumulation Physiocracy Simple commodity production Development Advanced Consumer Community Corporate
Capitalism
School of macroeconomics
Industrial Revolution Mercantilism Merchant capitalism Primitive accumulation Physiocracy Simple commodity production Development Advanced Consumer Community Corporate
New_Keynesian_economics
Polish nobleman, politician and economist
reform movement. In addition to political reform, he also advocated physiocracy. He was an author of a number of letters, speeches, and pamphlets. Wikimedia
Walerian_Stroynowski
American anarchist (1812–1886)
Symbolism of the Primitive Characters (1854) Principles of Nature, Original Physiocracy, the New Order of Government (1857) The Pantarchy (1871) The Primary
Stephen_Pearl_Andrews
Things or services that satisfy human wants
Lausanne New classical Real business-cycle theory New institutional Physiocracy Socialist Stockholm Supply-side Thermo Economists de Mandeville Quesnay
Goods
Rapidly accelerating inflation
Lausanne New classical Real business-cycle theory New institutional Physiocracy Socialist Stockholm Supply-side Thermo Economists de Mandeville Quesnay
Hyperinflation
American economist (1888–1985)
Acres Topolobampo Defunct Kiautschou Bay Related Agrarianism Chiangism Physiocracy Legal despotism Shoshinsha mark Economics portal Politics portal v t
Stuart_Chase
Concept in economics
Industrial Revolution Mercantilism Merchant capitalism Primitive accumulation Physiocracy Simple commodity production Development Advanced Consumer Community Corporate
Profit_(economics)
Industrial Revolution Mercantilism Merchant capitalism Primitive accumulation Physiocracy Simple commodity production Development Advanced Consumer Community Corporate
History_of_capitalist_theory
PHYSIOCRACY
PHYSIOCRACY
PHYSIOCRACY
PHYSIOCRACY
Girl/Female
Muslim
Brilliance
Girl/Female
Hindu
Salvation
Biblical
The cities; Callings
Girl/Female
Arabic, Australian, Muslim
Life; Well Build; Strong
Girl/Female
Arabic, British, Pakistani
Safe
Boy/Male
English French Shakespearean
Dearly loved.
Girl/Female
Hindu, Indian, Malayalam, Marathi
Slender; Beautiful; Delicate
Female
Slovene
 Swedish, Slovene and German form of Latin Agatha, AGATA means "good." Compare with another form of Agata.
Surname or Lastname
English
English : habitational name from Whitemarsh, a place in the parish of Sedgehill, Wiltshire, named from Old English hwīt ‘white’ (i.e. ‘phosphorescent’) + mersc ‘marsh’. Compare Whitmore.
Boy/Male
Latin Russian
Attendant.
PHYSIOCRACY
PHYSIOCRACY
PHYSIOCRACY
PHYSIOCRACY
PHYSIOCRACY