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First published in 1939, this study attempts to answer such questions as: What is the meaning of physiocracy? What is the provenance of its various doctrines? What were its ultimate intentions? For many it is unclear how the physiocrats could expound certain views against all the arguments employed by their opponents: particularly so given that, among them, were men revered by the likes of Adam Smith, either as profound thinkers, such as Quesnay, or as statesmen, such as Turgot.