UsefulLinks
Economics
Foundational Economics
History of Economic Thought (Economic Doctrines)
1. Introduction to the History of Economic Thought
2. Pre-Classical Economic Thought
3. Mercantilism and the Rise of the Nation-State
4. The Physiocrats
5. The Classical School
6. Socialist and Critical Responses to Classical Economics
7. The German Historical School
8. The Marginal Revolution and Neoclassical Economics
9. The Austrian School of Economics
10. Institutional Economics
11. The Keynesian Revolution
12. Post-War Economic Thought
13. Challenges to Keynesian Consensus
14. Contemporary Economic Thought
4.
The Physiocrats
4.1.
Historical Context
4.1.1.
Eighteenth Century France
4.1.2.
Agricultural Economy and Social Structure
4.1.3.
Reaction Against Mercantilism
4.1.4.
Influence of Natural Law Philosophy
4.2.
Core Principles of Physiocracy
4.2.1.
Natural Order (Ordre Naturel)
4.2.2.
Primacy of Agriculture
4.2.3.
Product Net Theory
4.2.4.
Laissez-faire Philosophy
4.2.5.
Single Tax Proposal
4.3.
Key Physiocratic Thinkers
4.3.1.
François Quesnay
4.3.1.1.
Tableau Économique
4.3.1.2.
Three Classes Theory
4.3.1.2.1.
Productive Class
4.3.1.2.2.
Proprietary Class
4.3.1.2.3.
Sterile Class
4.3.1.3.
Circular Flow of Income
4.3.1.4.
Physiocratic Taxation Proposals
4.3.2.
Anne-Robert-Jacques Turgot
4.3.2.1.
Reflections on Formation and Distribution of Wealth
4.3.2.2.
Theory of Capital and Interest
4.3.2.3.
Diminishing Returns in Agriculture
4.3.2.4.
Free Trade Advocacy
4.3.3.
Pierre Samuel du Pont de Nemours
4.3.4.
Marquis de Mirabeau
4.4.
Physiocratic Policy Prescriptions
4.4.1.
Agricultural Improvement
4.4.2.
Free Internal Trade
4.4.3.
Single Tax on Land
4.4.4.
Minimal Government Intervention
4.5.
Influence and Decline of Physiocracy
4.5.1.
Impact on Adam Smith
4.5.2.
Influence on Classical Economics
4.5.3.
Reasons for Decline
4.5.4.
Legacy in Economic Thought
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5. The Classical School