Physiocrats believed that wealth came exclusively from the land, that nature was fecund and man could harness its reproductive forces. Capital investments in ag
The birth of Physiocracy was the birth of the science of economics in the broad general form in which it is known to us today. It is surprising therefore that t
Physiocracy, or the economic theory that a nation’s wealth comes from is agricultural and land development, was a popular school of thought in France in the 1
The mid-eighteenth century witnessed what might be dubbed an economic turn that resolutely changed the trajectory of world history. The discipline of economics