Physiocracy

n. the economic doctrine of the physiocrats (Franéis Quesnay 1694-1744 and his followers) that society should be governed by a natural order inherent in itself land and its products the only true source of wealth direct taxation of land the only proper source of revenue.—n. Phys′iocrat one who maintains these opinions.—adj. Physiocrat′ic.—n. Physioc′ratism.

编辑:摩尔