Notes on the Physiocrats

Mason Gaffney
The School of Cooperative Individualism
1998

The Physiocrats were an group of 18th century French economists whose theories influenced, among others, Thomas Jefferson and Adam Smith.

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"Adam Smith. Father of capitalism. Coined 'the invisible hand.' Wrote the oft referred to but rarely read, Wealth of Nations.'

He was also a deeply odd guy who mumbled to himself in public, lived with his mother until she died and ordered all of his many papers burned upon his death. But that is all beside the point.

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The Physiocrats were an group of 18th century French economists whose theories influenced, among others, Thomas Jefferson and Adam Smith.

The American Founding Fathers were aware of the writings of the Marquis de Condorcet. This article discusses to what extent these writings may have influenced the Constitution and the Federalist Papers.

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