physiocrat

noun

phys·​io·​crat ˈfi-zē-ə-ˌkrat 

often capitalized

: a member of a school of political economists founded in 18th century France and characterized chiefly by a belief that government policy should not interfere with the operation of natural economic laws and that land is the source of all wealth

physiocratic

ˌfi-zē-ə-ˈkra-tik 

adjective often capitalized

Word History

Etymology

French physiocrate, from physi- physi- + -crate -crat

First Known Use

1798, in the meaning defined above