The Physiocrats: French Precursors to Classical Economics and Laissez Faire

Hobbs Bradley K. and Wenzel Nikolai G. ()
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Hobbs Bradley K.: Clinical Professor of Economics, Clemson University, Clemson, USA
Wenzel Nikolai G.: Fayetteville State University, Fayetteville, USA

Journal des Economistes et des Etudes Humaines, 2022, vol. 28, issue 1, 41-57

Abstract: The eighteenth-century Physiocrats are widely considered to be precursors to classical economics, the French ninteenth-century Economistes, and contemporary free-market economics. They advocated free trade against mercantilism, and natural law against despotism. Although the Physiocrats also contributed to Walras and modern economic engineering, they fit squarely within the French (and world) liberal tradition.

Keywords: The Physiocrats; French liberty; classical economics (search for similar items in EconPapers)
Date: 2022
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DOI: 10.1515/jeeh-2022-0019

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