Saturday, May 24, 2014

Physiocracy

Physiocracy (from the Greek for "Government of Nature") is an economic theory developed by the Physiocrats, a group of economists who believed that the wealth of nations was derived solely from the value of "land agriculture" or "land development." Their theories originated in France and were most popular during the second half of the 18th century. Physiocracy is perhaps the first well-developed theory of economics.
at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

talk nineteen to the dozen

  to speak rapidly and without stopping

  • abstemious
    Marked by, or spent in, abstinence ; as, an abstemious life.
  • Nureongi
    Nureongi (누렁이) and Hwangu (황구; 黃狗) are Korean terms meaning "Yellow Dog" used to refer to tannish mongrel or landrace of dog in...
  • n-gram vs. engram
    Engrams are a hypothetical means by which memory traces are stored as biophysical or biochemical changes in the brain (and other neural...