a follower of Quesnay's doctrines of government, believing that the inherent natural order governing society was based on land and its natural products as the only true form of wealth
Derived forms
physiocracy (ˌfɪzɪˈɒkrəsɪ)
noun
physiocratic (ˌphysioˈcratic)
adjective
Word origin
C18: from French physiocrate; see physio-, -crat
physiocrat in American English
(ˈfɪziəˌkræt)
noun
a believer in the 18th-cent. French economic theory that land and its products are the only true sources of wealth and hence theonly logical basis of revenue, and that freedom of opportunity and trade and security of person and property are essential to prosperity