Editing Land value tax (section)

===Physiocrats===
[[File:Anne Robert Jacques Turgot.jpg|thumb|upright|right|[[Anne Robert Jacques Turgot]], a leading physiocrat]]
The [[physiocrat]]s were a group of [[economist]]s who believed that the wealth of nations was derived solely from the value of land [[agriculture]] or [[land development]]. Before the [[Industrial Revolution]], this was approximately correct. Physiocracy is one of the "early modern" [[schools of economics]]. Physiocrats called for the abolition of all existing taxes, completely [[free trade]] and a [[single tax]] on land.<ref>{{cite web|url=http://cepa.newschool.edu/het/schools/physioc.htm |access-date=18 March 2009 |publisher=The History of Economic Thought Website |last=Fonseca |first=Gonçalo L |title=The Physiocrats |archive-url=https://web.archive.org/web/20090227181713/http://cepa.newschool.edu/het/schools/physioc.htm |archive-date=27 February 2009 }}</ref> They did not distinguish between the intrinsic value of land and ground rent.<ref>{{cite web|url=http://www.cooperativeindividualism.org/fraenckel-axel_physiocrats-and-henry-george.html |first=Axel |last=Fraenckel |title=The Physiocrats and Henry George |access-date=10 July 2008 |work=4th International Conference of the International Union for Land Value Taxation and Free Trade |publisher=The School of Cooperative Individualism |year=1929 |archive-url=https://web.archive.org/web/20080906195744/http://www.cooperativeindividualism.org/fraenckel-axel_physiocrats-and-henry-george.html |archive-date=6 September 2008 }}</ref> Their theories originated in [[France]] and were most popular during the second half of the 18th century. The movement was particularly dominated by [[Anne Robert Jacques Turgot]] (1727–1781) and [[François Quesnay]] (1694–1774).<ref>{{Citation|last=Steiner|first=Philippe|chapter=Physiocracy and French Pre-classical Political Economy|chapter-url=http://dx.doi.org/10.1002/9780470999059.ch5|pages=61–77|place=Malden, MA, USA|publisher=Blackwell Publishing Ltd|access-date=28 December 2021|year=2003 |editor-last1=Biddle |editor-first1=Jeff E |editor-last2=Davis |editor-first2=Jon B |editor-last3=Samuels |editor-first3=Warren J.|title=A Companion to the History of Economic Thought|doi=10.1002/9780470999059.ch5|isbn=9780470999059}}</ref> It influenced contemporary statesmen, such as [[Charles Alexandre de Calonne]]. The physiocrats were highly influential in the [[Land value tax in the United States#History|early history of land value taxation in the United States]].