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Francois Quesnay, French economist

Francois Quesnay, French economist

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Francois Quesnay (1694-1774), French physician and economist. Quesnay studied medicine in Paris, and became physician to King Louis XV of France. From the late 1740s he began to devote more time to the study of economics, gathering around him a group of leading economic thinkers (the Physiocrates), including Gournay, Mirabeau the Elder, Baudeau, Trosne, Morellet, Lariviere and de Nemours. The noted Scottish economist Adam Smith paid tribute to the output of the Physiocrates, and it is for his economic ideas that Quesnay is best known. The Physiocrates held that the wealth of nations derived from agriculture.

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