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François Quesnay
François Quesnay (; ; 4 June 1694 – 16 December 1774) was a French economist and physician of the Physiocratic school. He is known for publishing the " Tableau économique" (Economic Table) in 1758, which provided the foundations of the ideas of the Physiocrats. This was perhaps the first work attempting to describe the workings of the economy in an analytical way, and as such can be viewed as one of the first important contributions to economic thought. His ''Le Despotisme de la Chine'', written in 1767, describes Chinese politics and society, and his own political support for enlightened despotism. Life Quesnay was born at Méré near Versailles, the son of an advocate and small landed proprietor. Apprenticed at the age of sixteen to a surgeon, he soon went to Paris, studied medicine and surgery there, and, having qualified as a master-surgeon, settled down to practice at Mantes. In 1737 he was appointed perpetual secretary of the academy of surgery founded by François ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Physiocrats
Physiocracy (; from the Greek for "government of nature") is an economic theory developed by a group of 18th-century Age of Enlightenment French economists. They believed that the wealth of nations derived solely from the value of "land agriculture" or " land development" and that agricultural products should be highly priced. Their theories originated in France and were most popular during the second half of the 18th century. Physiocracy became one of the first well-developed theories of economics. François Quesnay (1694–1774), the marquis de Mirabeau (1715–1789) and Anne-Robert-Jacques Turgot (1727–1781) dominated the movement,Steiner (2003), pp. 61–62 which immediately preceded the first modern school, classical economics, which began with the publication of Adam Smith's ''The Wealth of Nations'' in 1776. The physiocrats made a significant contribution in their emphasis on productive work as the source of national wealth. This contrasted with earlier schools, in p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Anne Turgot
Anne Robert Jacques Turgot, Baron de l'Aulne ( ; ; 10 May 172718 March 1781), commonly known as Turgot, was a French economist and statesman. Sometimes considered a physiocrat, he is today best remembered as an early advocate for economic liberalism. He is thought to have been the first political economist to have postulated something like the law of diminishing marginal returns in agriculture. Education Born in Paris, Turgot was the youngest son of Michel-Étienne Turgot, " provost of the merchants" of Paris, and Madeleine Francoise Martineau de Brétignolles, and came from an old Norman family. As one of four children, he had a younger sister and two older brothers, one of whom, Étienne-François Turgot (1721–1789), was a naturalist, and served as administrator of Malta and governor of French Guiana. Anne Robert Jacques was educated for the Church, and at the Sorbonne, to which he was admitted in 1749 (being then styled ''abbé de Brucourt''). He delivered two remarka ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Despotism
In political science, despotism () is a government, form of government in which a single entity rules with absolute Power (social and political), power. Normally, that entity is an individual, the despot (as in an autocracy), but societies which limit respect and power to specific groups have also been called despotic. Colloquially, the word ''despot'' applies pejoratively to those who use their power and authority to oppress their populace or subordinates. More specifically, the term often applies to a head of state or Head of government, government. In this sense, it is similar to the pejorative connotations that are associated with the terms ''tyrant'' and ''dictator''. Despot (court title), ''Despot'' has also been a Imperial, royal and noble ranks, royal title assumed by various leaders historically. Etymology The root ''despot'' comes from the Greek language, Greek word ''despotes'', which means "one with power." In ancient Greek usage, a ''despótès'' was technicall ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tableau économique
The Tableau économique () or ''Economic Table'' is an economic model first described by French economist François Quesnay in 1758, which laid the foundation of the physiocratic school of economics.Henry William Spiegel (1983) ''The Growth of Economic Thought'', Revised and Expanded Edition, Duke University Press. p.189 Quesnay believed that trade and industry were not sources of wealth, and instead in his 1758 manuscript ''Tableau économique'' (Economic Table) argued that agricultural surpluses, by flowing through the economy in the form of rent, wages, and purchases were the real economic movers. The model The model Quesnay created consisted of three economic movers. The "Proprietary" class consisted of only landowners. The "Productive" class consisted of all agricultural laborers. The "Sterile" class is made up of artisans and merchants. The flow of production and/or cash between the three classes started with the Proprietary class because they own the land and they buy f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Physician
A physician, medical practitioner (British English), medical doctor, or simply doctor is a health professional who practices medicine, which is concerned with promoting, maintaining or restoring health through the Medical education, study, Medical diagnosis, diagnosis, prognosis and therapy, treatment of disease, injury, and other physical and mental impairments. Physicians may focus their practice on certain disease categories, types of patients, and methods of treatment—known as Specialty (medicine), specialities—or they may assume responsibility for the provision of continuing and comprehensive medical care to individuals, families, and communities—known as general practitioner, general practice. Medical practice properly requires both a detailed knowledge of the Discipline (academia), academic disciplines, such as anatomy and physiology, pathophysiology, underlying diseases, and their treatment, which is the science of medicine, and a decent Competence (human resources ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economist
An economist is a professional and practitioner in the social sciences, social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy. Within this field there are many sub-fields, ranging from the broad philosophy, philosophical theory, theories to the focused study of minutiae within specific Market (economics), markets, macroeconomics, macroeconomic analysis, microeconomics, microeconomic analysis or financial statement analysis, involving analytical methods and tools such as econometrics, statistics, Computational economics, economics computational models, financial economics, regulatory impact analysis and mathematical economics. Professions Economists work in many fields including academia, government and in the private sector, where they may also "study data and statistics in order to spot trends in economic activity, economic confidence levels, and consumer attitudes. They ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Laissez-faire
''Laissez-faire'' ( , from , ) is a type of economic system in which transactions between private groups of people are free from any form of economic interventionism (such as subsidies or regulations). As a system of thought, ''laissez-faire'' rests on the following axioms: "the individual is the basic unit in society, i.e., the standard of measurement in social calculus; the individual has a natural right to freedom; and the physical order of nature is a harmonious and self-regulating system." The original phrase was ''laissez faire, laissez passer'', with the second part meaning "let (things) pass". It is generally attributed to Vincent de Gournay. Another basic principle of ''laissez-faire'' holds that markets should naturally be competitive, a rule that the early advocates of ''laissez-faire'' always emphasized. The Physiocrats were early advocates of ''laissez-faire'' and advocated for an ''impôt unique'', a tax on land rent to replace the "monstrous and crippling net ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Age Of Enlightenment
The Age of Enlightenment (also the Age of Reason and the Enlightenment) was a Europe, European Intellect, intellectual and Philosophy, philosophical movement active from the late 17th to early 19th century. Chiefly valuing knowledge gained through rationalism and empiricism, the Enlightenment was concerned with a wide range of social and Politics, political ideals such as natural law, liberty, and progress, toleration and fraternity (philosophy), fraternity, constitutional government, and the formal separation of church and state. The Enlightenment was preceded by and overlapped the Scientific Revolution, which included the work of Johannes Kepler, Galileo Galilei, Francis Bacon, Pierre Gassendi, Christiaan Huygens and Isaac Newton, among others, as well as the philosophy of Descartes, Hobbes, Spinoza, Leibniz, and John Locke. The dating of the period of the beginning of the Enlightenment can be attributed to the publication of René Descartes' ''Discourse on the Method'' in 1 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sinology
Sinology, also referred to as China studies, is a subfield of area studies or East Asian studies involved in social sciences and humanities research on China. It is an academic discipline that focuses on the study of the Chinese civilization primarily through Chinese language, History of China, history, Chinese culture, culture, Chinese literature, literature, Chinese philosophy, philosophy, Chinese art, art, Music of China, music, Cinema of China, cinema, and Science and technology in China, science. Its origin "may be traced to the examination which Chinese scholars made of their own civilization." The academic field of sinology often refers to Western scholarship. Until the 20th century, it was historically seen as equivalent to philology concerning the Chinese classics and other Chinese literature, literature written in the Chinese language. Since then, the scope of sinology has expanded to include Chinese history and Ancient Chinese literature, palaeography, among other su ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Political Economy
Political or comparative economy is a branch of political science and economics studying economic systems (e.g. Marketplace, markets and national economies) and their governance by political systems (e.g. law, institutions, and government). Widely-studied phenomena within the discipline are systems such as labour market, labour and international markets, as well as phenomena such as Economic growth, growth, Distribution of wealth, distribution, Economic inequality, inequality, and International trade, trade, and how these are shaped by institutions, laws, and government policy. Originating in the 18th century, it is the precursor to the modern discipline of economics. Political economy in its modern form is considered an interdisciplinary field, drawing on theory from both political science and Neoclassical economics, modern economics. Political economy originated within 16th century western moral philosophy, with theoretical works exploring the administration of states' wealth ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Henry George
Henry George (September 2, 1839 – October 29, 1897) was an American political economist, Social philosophy, social philosopher and journalist. His writing was immensely popular in 19th-century America and sparked several reform movements of the Progressive Era. He inspired the economic philosophy known as Georgism, the belief that people should own the value they produce themselves, but that the economic value of land (economics), land (including natural resources) should belong equally to all members of society. George famously argued that a single tax on land values would create a more productive and just society. His most famous work, ''Progress and Poverty'' (1879), sold millions of copies worldwide. The treatise investigates the paradox of increasing inequality and poverty amid economic and technological progress, the business cycle with its cyclic nature of industrialized economies, and the use of rent capture such as land value taxation and other anti-monopoly reforms ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Manuel Belgrano
Manuel José Joaquín del Corazón de Jesús Belgrano (3 June 1770 – 20 June 1820), usually referred to as Manuel Belgrano (), was an Argentina, Argentine public servant, economist, lawyer, politician, journalist, and military leader. He took part in the Argentine Wars of Independence and designed what became the flag of Argentina. Argentines regard him as one of the main Libertadores, Founding Fathers of the country. Belgrano was born in Buenos Aires, the fourth child of Italian businessman Domingo Belgrano y Peri and of María Josefa González Casero. He came into contact with the ideas of the Age of Enlightenment while at university in Spain around the time of the 1789 French Revolution. In 1794 he returned to the Viceroyalty of the Río de la Plata, where he became a notable member of the Criollo people, criollo population of Buenos Aires; he tried to promote some of the new political and economic ideals, but found severe resistance from local . This rejection led him to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
