physiocrat
nounUK /ˈfɪzɪəkɹat/
Etymology From French physiocrate, corresponding to physio- + -crat.
1
Economics, Sciences Historical Any of a group of economists in 18th-century France who believed that the government should not seek to influence the operation of natural economic laws.
- The Physiocrats espoused a professional service ethic and, in the interests of societal welfare, sought to establish laws of political economy and social relations.2002, Colin Jones, The Greta Nation, Penguin, published 2003, page 219:
- Smith spent some time in Paris and got to know the physiocrats personally, notably François Quesnay and Anne-Robert-Jacques Turgot.2019, Leo Damrosch, The Club, Yale, published 2020, page 319:
- Derived terms
- physiocratism
- Related terms
- physiocracy