Physiocrats Sentence Examples
Moreover, the commerce des bles had been a favourite topic of the salons for some years past, and the witty Galiani, the opponent of the physiocrats, had a large following.
With the physiocrats, he believed in an enlightened absolutism, and looked to the king to carry through all reforms. As to the parlements, he opposed all interference on their part in legislation, considering that they had no competency outside the sphere of justice.
With the latter, which is best designated as the "system of natural liberty," we ought to associate the memory of the physiocrats as well as that of Smith, without, however, maintaining their services to have been equal to his.
But there is another species of deduction which, as Cliffe Leslie has shown, seriously tainted the philosophy of Smith - in which the premises are not facts ascertained by observation, but the a priori assumptions which we found in the physiocrats.
Here, as in other points, he differs entirely from the physiocrats, and his criticism of contemporary French views are, as a whole, in accordance with received modern opinion.
The theory of the physiocrats now found powerful advocates in Denmark; and after 1755, when the press censorship was abolished so far as regarded political economy and agriculture, a thorough discussion of the whole agrarian question became possible.
Voltaire, Montesquieu, the Encyclopaedists and the Physiocrats (recurring to the tradition of Bayle and Fontenelle), by dissolving in their analytical crucible all consecrated beliefs and all fixed institutions, brought back into the human society of the 18th century that humanity which had been so rudely eliminated.
Whilst some, like Voltaire and the Physiocrats, representatives of the privileged classes and careless of political rights, wished to make use of the omnipotence of the prince to accomplish desirable reforms, or, like Montesquieu, adversely criticized despotism and extolled moderate governments, other, plebeiaris like Rousseau, proclaimed the theory of the social contract and the sovereignty of the people.
He does not of course contemplate labour as the only factor in production; but it has been supposed that by emphasizing it at the outset he at once strikes the note of difference between himself on the one hand, and both the mercantilists and the physiocrats on the other.
If the Ricardian school of economists had been merely philosophers, or even a group like the French physiocrats, this state of things might be regarded with equanimity.Advertisement
His Positions to be examined concerning National Wealth (1769) shows that he was greatly influenced by the French physiocrats after his visit to France in 1767.