Synonyms for physiocratic or Related words with physiocratic
Examples of "physiocratic"
His strong support for liberalizing the grain trade earned him a reputation as a "
Other factors included Enlightenment thinking. The Enlightenment spurred the desire for social and economic reform to spread throughout Latin America and the Iberian Peninsula. Ideas about free trade and
economics were raised by the Enlightenment.
The Tableau économique () or "Economic Table" is an economic model first described by French economist François Quesnay in 1758, which laid the foundation of the
school of economics.
Achille-Nicolas Isnard (Paris, 1748 - Lyon, 1803) was a French economist and engineer at the Ponts et Chaussées (public works) of Paris. He is known for his firm disapproval of the
theory, and his early contribution to mathematical economics.
In 1768, Baudeau was recruited by Ignacy Jakub Massalski, the Bishop of Vilnius, in order to bring
ideas to Poland. The main focus of his work there had to do with facilitating exports of Polish grain to France.
In fact, the understanding of wealth as a stock can be useful for investigations at the level of single individuals; but at the macroeconomic level, it is wealth as a flow that is the most relevant concept. Therefore, Pasinetti considers it as a great contribution – made already by the
school of 18th century France – to have concentrated on the concepts of surplus and economic activity presented as a circular flow in the "Tableau Economique", devised by François Quesnay. The
ideas were developed by the Classical economists in Scotland and England and then by Marx. All of them saw the importance of production and wealth as a flow concept and further developed the
ideas. Curiously enough, the Marginalist revolution of the late 19th century preferred to go back to study the concept of wealth as a stock, thus largely de-emphasizing the problems of production and distribution, and to focus on models of "pure exchange".
Jacques Claude Marie Vincent de Gournay (; 28 May 1712, Saint-Malo – 27 June 1759, Cádiz) was a French economist and intendant of commerce. He is said by some historians of economics to have coined the phrase "laissez faire, laissez passer". Together with François Quesnay, whose disciple he was, he was a leader of the
Adam Smith (1723–1790) was an early economic theorist. Smith was harshly critical of the mercantilists but described the
system "with all its imperfections" as "perhaps the purest approximation to the truth that has yet been published" on the subject.
The publication of Adam Smith's "The Wealth of Nations" in 1776, has been described as "the effective birth of economics as a separate discipline." The book identified land, labour, and capital as the three factors of production and the major contributors to a nation's wealth, as distinct from the
idea that only agriculture was productive.
Moreno created the first Argentine newspaper, "La Gazeta de Buenos Aires". He summarized his thoughts on economics in his 1809 book "Representación de los hacendados y labradores", which, following the
doctrine, proposed the stimulation of agriculture to develop an economy that was very dependent on international trade and its undesirable consequence, contraband.
Hebecker had to let most of his workers go. At some times, he tried to run a "
mine" with a few workers, but soon failed. Forbidding the Wära resulted in loss of jobs and economic downfall in Schwanenkirchen and its surroundings.
Isnard criticized the
theory, because of their claim that the agricultural sector was the only productive sector in the economy. He argued, that François Quesnay in his 1758 "Tableau économique" already had shown that both the agricultural and the manufacturing sector generated income. In real life the productivity of a sector depends on its surplus product. Isnard (1781; xv) argued:
After long preparations, Helmut Rödiger and Hans Timm founded the "Wära circulation agency" in Erfurt in October 1929 - almost coinciding with the Black Friday in New York City, United States and the succeeding Great Depression. Three years earlier, a Wära test had been conducted in the
League, to which Rödinger and Timm belonged.
Early members of the society — including agriculturist Andrey Bolotov, general Mikhail Kutuzov, admiral Aleksey Senyavin, and poet Gavrila Derzhavin — largely shared the
ideals then prevalent in France. They were anxious to spread the cultivation of potatoes in the Russian countryside and hailed the new crop as "ground apples".
Victor de Riqueti, Marquis de Mirabeau (5 October 1715, Pertuis – 13 July 1789, Argenteuil) was a French economist of the
school. He was the father of great Honoré, Comte de Mirabeau and is, in distinction, often referred to as the elder Mirabeau.
Antoni Popławski and Hieronim Stroynowski were economists and adherents of physiocracy. The leading intellectual personalities of the period, Hugo Kołłątaj and Stanisław Staszic, subscribed to
views as well, but also favored state protectionism according to the rules of mercantilism and cameralism. The state was supposed to protect the peasant as the creator of agricultural wealth and help in the development of industry and trade.
economists categorized production into productive labour and unproductive labour. Adam Smith expanded this thought by arguing that any economic activities directly related on material products (goods) were productive, and those activities which involved non-material production (services) were unproductive. This emphasis on material production was adapted by David Ricardo, Thomas Robert Malthus and John Stuart Mill, and influenced later Marxian economics. Other, mainly Italian, 18th century economists maintained that all desired goods and services were productive.
One of the major problems addressed by economic models has been understanding economic growth. An early attempt to provide a technique to approach this came from the French
school in the Eighteenth century. Among these economists, François Quesnay should be noted, particularly for his development and use of tables he called "Tableaux économiques". These tables have in fact been interpreted in more modern terminology as a Leontiev model, see the Phillips reference below.
In England, a number of "free trade" and "non-interference" slogans had been coined as early as the 17th century. But the French phrase "laissez faire" gained currency in English-speaking countries with the spread of
literature in the late 18th century. George Whatley's 1774 "Principles of Trade" (co-authored with Benjamin Franklin) re-told the Colbert-LeGendre anecdote – this may mark the first appearance of the phrase in an English-language publication.
Joseph Dorfman argued from circumstantial evidence that Ravenstone was a Rev. Edward Edwards. Noel W. Thompson in reviewing Sraffa's case and other evidence concludes that there is no compelling reason now to contest the identification with Richard Puller the younger (not his father of the same name). He also views Edwards and Ravenstone as birds of a feather, however, proponents of a
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