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Physiocrats - Economics Dictionary of Arguments | |||
Physiocrats: The physiocrats were a group of 18th-century French economists who believed that the wealth of nations was derived solely from the value of "land agriculture" or the agricultural sector. They advocated for a single tax system and were early proponents of economic liberalism, emphasizing the importance of property rights and free markets as the natural order that drives prosperity. | |||
Author | Item | More authors for concept | |
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Physiocrats | Marginal Return | Marginal Return | |
Authors A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Concepts A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Ed. Martin Schulz, access date 2025-04-17 |