physiocrat

plural physiocrats

1. historicaleconomicsAny 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.First known use 18th c.

   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

   1 more example

   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