IDEAS home Printed from
   My bibliography  Save this article

El valor de la Fisiocracia en su propio tiempo: un análisis crítico


  • Vicent Llombart

    () (Universidad de Valencia)


The value of the physiocratic doctrine is examined with an historical-analytical approach that takes into account both the French reality of the mid 18th century and the internal consideration of the doctrine. Starting from the overwhelming opposition of the French contemporaries, the three areas of the phyisiocrats’ system are critically reviewed: the philosophical-political framework, the theoretical economic analysis and the main maxims of the economic government. We conclude that Physiocracy, together with presenting some analytical advances, diagnosed the French economy inadequately, incurred in outstanding economic errors and proposed, within the political framework of severe “legal despotism”, unfeasible or counterproductive measures. The valuation deserved by phyisiocratic political economy in its own time is, therefore, far from being positive. KEY Classification-JEL: B 11, B 31, N 53, 0 13

Suggested Citation

  • Vicent Llombart, 2009. "El valor de la Fisiocracia en su propio tiempo: un análisis crítico," Investigaciones de Historia Económica (IHE) Journal of the Spanish Economic History Association, Asociacion Espa–ola de Historia Economica, vol. 5(03), pages 109-136.
  • Handle: RePEc:ahe:invest:v:05:y:2009:i:03:p:109-136

    Download full text from publisher

    File URL:
    Download Restriction: Online material can be downloaded freely, but a moving wall of three issues apply. The last three issues are only available for registered members of the Asociacion Espa–ola de Historia Economica.

    As the access to this document is restricted, you may want to search for a different version of it.


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ahe:invest:v:05:y:2009:i:03:p:109-136. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (José Antonio Miranda). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.