ABSTRACT

François Quesnay (pronounced KEN-nay) is best known as the creator of the first economic model, the Tableau Économique, and as the leader of the first school of economic thought, the Physiocrats. However, Quesnay has been admired for many other things — his laissez-faire policy proposals, his analysis of the generation and distribution of an economic surplus, and his vision of the economy as a closely integrated set of interdependent parts.