You recognize but one rule of commerce; that is (to avail myself of your own terms) to allow free passage and freedom of action to all buyers and sellers whoever they may be.
French economist
He drew a table in 1758 that tried to map how an entire economy moves — goods, money, land, labor — as if it were a machine one could diagram. Before Quesnay's "Tableau économique," no one had really tried to sketch the whole system at once.
François Quesnay was born on 4 June 1694 and trained as a physician before turning his precision to a different body: the economy itself. In 1758 he published the "Tableau économique," an analytical blueprint of how wealth flows through a nation — perhaps the first serious attempt to describe economic mechanics on paper. The work laid the foundations for the Physiocrats, the school of thought that believed land and agriculture were the true sources of value. Nine years later, in 1767, he published "Le Despotisme de la Chine," examining Chinese politics and society through the lens of enlighten…
Sourced, dated quotes from François Quesnay
You recognize but one rule of commerce; that is (to avail myself of your own terms) to allow free passage and freedom of action to all buyers and sellers whoever they may be.
Calculations are to the economic science what bones are to the human body. Without them it will always be a vague and confused science, at the mercy of error and prejudice.
To secure the greatest amount of pleasure with the least possible outlay should be the aim of all economic effort...
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