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The principles of the school had been put forward in 1755 by R. Cantillon, a French merchant of Irish extraction . The members of the physiocratic group were undoubtedly men of thorough uprightness, and inspired with a sincere desire for the public good, especially for the material and moral elevation of the working classes. Quesnay was physician to Louis XV., and resided in the palace at Versailles; but in the midst of that corrupt court he maintained his integrity, and spoke with manly frankness what he believed to be the truth.
The physiocratic system, after guiding in some degree the policy of the French Constituent Assembly, and awakening a few echoes here and there in foreign countries, soon ceased to exist as a living power; but the good elements it comprised were not lost to mankind, being incorporated into the more complete construction of Adam Smith.

Most French histories contain an account of the school; see especially Tocqueville, L'Ancien regime et la revolution, ch. iii.; Taine, Les Origines de la France contemporaine, vol. i.; R. Stourm, Les Finances de l'ancien regime et de la revolution (188_5); Droz, Histoire du regne de Louis X VI.; also L. de Lavergne, E conomistes francais du X VIII' siecle; H. Higgs, The Physiocrats (London, 1897, with authorities).

2006-10-13 06:05:08 · answer #1 · answered by talkingformydog 4 · 0 0

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2006-10-13 13:18:45 · answer #2 · answered by Mister2-15-2 7 · 0 0

www.knowledgerush.com/kr/encyclopedia/Physiocratic - 13k - Cached - Save

2006-10-13 13:08:56 · answer #3 · answered by AARONLEE AND SASHA 3 · 0 0

physiocratic???????

sry, NO IDEA!!!!!!

2006-10-13 13:08:40 · answer #4 · answered by tonnage 17 3 · 0 0

i have no idea about what you are asking..never heard of it

2006-10-13 13:03:02 · answer #5 · answered by Anonymous · 0 0

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