physiocrat

From French physiocrate, corresponding to physio- +‎ -crat.

• (UK) IPA^(key): /ˈfɪzɪəkɹat/

physiocrat (plural physiocrats)

1. (economics, now historical) Any of a group of economists in 18th-century France who believed that the government should not seek to influence the operation of natural economic laws. [from 18th c.]
   • 2002, Colin Jones, The Greta Nation, Penguin, published 2003, page 219:

     The Physiocrats espoused a professional service ethic and, in the interests of societal welfare, sought to establish laws of political economy and social relations.

   • 2019, Leo Damrosch, The Club, Yale, published 2020, page 319:

     Smith spent some time in Paris and got to know the physiocrats personally, notably François Quesnay and Anne-Robert-Jacques Turgot.

• physiocracy