Today’s Birthday:François Quesnay (1694)

Today’s Birthday:
François Quesnay (1694)

While serving as consulting physician to Louis XV at Versailles, Quesnay developed an interest in economics. In his 1758 Tableau économique, 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 balance used by many later economic analysts. An advocate of laissez-faire economics, he believed that all wealth originated with the land. What school of economics is he credited with founding? More…: https://play.google.com/store/apps/details?id=com.tfd.mobile.TfdSearch

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