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Founded the idea of "laissez-faire"
Impact on businesses
Impact on economy

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French economists who believed that agriculture was the source of all wealth and that agricultural products should be highly priced. Advocating adherence to a supposed natural order of social institutions, they also stressed the necessity of free trade.

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"Without that sense of security which property gives, the land would still be uncultivated."

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In 1758, Quesnay published the "Tableau Economique" or 'economic table', which provided the foundation of the ideas of the physiocrats
he also coined the term, "Laissez-faire" which meant "let the people do as they choose", and for the government to intervene as little as possible

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Born: June 4, 1694 in Yvelines France
Died: December 16, 1774 in Versailles France
Leader of the Physiocrats
Highly successful French court physician and consulting physician to King Louis XV
Quesnay and the Physiocrats claimed they would discover the natural economic laws that governed human society.