A physician to Louis XV, Francois Quesnay founded an 18th century French school of thinkers, the Physiocrats, who evolved the first complete system of economics. Central to their theory was the belief that absolute freedom of trade is essential to guarantee the most beneficial operation of economic law. The Economical Table (1758) is Quesnay's most important work.
A physician to Louis XV, Francois Quesnay founded an 18th century French school of thinkers, the Physiocrats, who evolved the first complete system of economics. Central to their theory was the belief that absolute freedom of trade is essential to guarantee the most beneficial operation of economic law. The Economical Table (1758) is Quesnay's most important work.
