Economic policy In the 18th century, economic thought fascinated intellectuals in France, as in England.
Publications multiplied and, in the salons, the elite endlessly debated new theories.
The British movement was shaped around Adam Smith and his summa
The Wealth of Nations,
a manifesto on the role of work in society.
On the hexagonal side, it is the physiocrats, and their concerns for natural resources, who hold the dragee high.
Between these two schools, posterity has clearly decided.
With the possible exception of Louis XVI's minister Turgot, very few physiocrats have gone through history.
And yet… this doctrine which considers that the economy, like physics, is governed by natural laws prior to social conventions and confers an important role on the State, responsible for favoring the peasants and improving agricultural production, has a lot to tell us today.
This is the message, full of hope, that the liberal economist...
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