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(born June 4, 1694, near Paris, France — died Dec. 16, 1774, Versailles) French physician and economist. He served as consulting physician to Louis XV at Versailles, where he developed an interest in economics. In his Tableau économique (1758), he described the relationship between the different economic classes of society and the flow of payments among them, and he developed the concept of economic equilibrium used by many later economic analysts. An advocate of laissez-faire economic policy, he became the intellectual leader of the physiocrat, the first systematic school of political economy.

For more information on François Quesnay, visit Britannica.com.

 
 
French Literature Companion: François Quesnay

Quesnay, François (1694-1774). French doctor and economist. Protected by Madame de Pompadour and Louis XV, he was the leading spirit of the Physiocrats, expounding the theories of the movement in the influential Encyclopédie articles ‘Grains’, ‘Fermiers’, and ‘Évidence’, in his Tableau économique (1758), and in other writings published by Dupont de Nemours in Physiocratie (1768). He is credited with the famous free-trade motto: ‘Laissez faire, laissez passer.’

[Peter France]

 
Columbia Encyclopedia: Quesnay, François
(fräNswä' kĕnā') , 1694–1774, French economist, founder of the physiocratic school. A physician to Louis XV, he did not begin his economic studies until 1756, when he wrote the articles “Fermiers” [farmers] and “Grains” for the Encyclopédie. His chief work was the Tableau économique [economic table] (1758), said to have been printed by the king's own hands. Quesnay and his followers believed that the Tableau summed up the natural law of economy. Quesnay and the other physiocrats greatly influenced the thought of Adam Smith. Quesnay's works have been collected in Œuvres économiques et philosophiques (with biographical studies and introduction, 1888).
 
Dictionary: Ques·nay  (kā-nā', kĕ-) pronunciation, François 1694–1774.

French physician and pioneer political economist who emphasized the primary economic importance of land and agriculture.


 
 

Did you mean: Quesnay, François (French economist), François Quesnay

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French Literature Companion. The New Oxford Companion to Literature in French. Copyright © 1995, 2005 by Oxford University Press. All rights reserved.  Read more
Columbia Encyclopedia. The Columbia Electronic Encyclopedia, Sixth Edition Copyright © 2003, Columbia University Press. Licensed from Columbia University Press. All rights reserved. www.cc.columbia.edu/cu/cup/  Read more
Dictionary. The American Heritage® Dictionary of the English Language, Fourth Edition Copyright © 2007, 2000 by Houghton Mifflin Company. Updated in 2007. Published by Houghton Mifflin Company. All rights reserved.  Read more

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