Physiocracy vs Physiocrat - What's the difference?
physiocracy | physiocrat | Related terms |
(economics, 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.
*2002 , , The Greta Nation , Penguin 2003, p. 219:
*:The Physiocrats espoused a professional service ethic and, in the interests of societal welfare, sought to establish laws of political economy and social relations.
