
By Ronald L. Meek
The start of Physiocracy used to be the delivery of the technology of economics within the wide common shape during which it truly is recognized to us this day. it really is miraculous consequently that the Physiocrats must have obtained so little consciousness from economists within the English-speaking international. This e-book fills that gap.
The quantity starts off with a intentionally non-specialist creation. Translations of Physiocratic writings then keep on with and the ultimate component to the publication comprises really expert essays, facing sure points of the Physiocratic doctrine, its heritage and its effect.
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Extra resources for Economics of Physiocracy
Example text
The leading ideas expressed in it, however, were probably derived by Mirabeau from Quesnay: cf. p. 18 above and p. 65 below. Section I, 3 (i) of Extracts 'C' (pp. ): There is a preliminary sketch of this passage in the first draft, in Mirabeau's handwriting, but the central section containing the hit at 'moralists and politicians' was added by Quesnay in notes to the second and third drafts. This passage, then, seems to have been a true joint product. Section I, 3 (ii) of Extracts 'C' (p. 70): This appears in all three drafts in the form in which it was finally published, with no comments by Quesnay, and can therefore be taken to have been written by Mirabeau.
In the sphere of government policy, too, it seemed as if Physiocratic propaganda was beginning to have some effect: certain rather cautious and hesitant moves were being made in the direction of the encouragement of agriculture and the removal of the remaining obstacles to free trade. ' 2 It was not only a revolution in the policy of nations which was 'visibly brewing' at this time, however, but also strong and organized opposition to Physiocratic doctrine. The trouble about Physiocracy was that there was something in it for everybody to object to.
The laws of governments, which determine the rights of subjects, almost always reduce themselves to laws which are positive or instituted by men. Now these laws do not constitute the essential and immutable foundation of natural right, and they vary to such an extent that it would be impossible to examine the state of the natural right of man under these laws. It is even useless to try to begin such an examination, for in those cases where the laws and the tutelary power fail to assure property and freedom there is neither government nor society in any beneficial sense; there is only domination and anarchy 'NATURAL RIGHT' 53 under the semblance of government; positive laws and domination protect and assure the depradations of the strong and destroy the property and freedom of the weak.