Anne-Robert-Jacques Turgot (1727–1781) was a French economist and Statesman known for his advocacy of economic Liberalism and the abolition of feudal privileges. As the Controller-General of Finances under Louis XVI, he attempted significant reforms to modernize the French economy, emphasizing Free Trade and fiscal Responsibility. Turgot's efforts, including the promotion of laissez-faire policies, influenced later economic Thought despite facing Resistance that led to his dismissal. His legacy endures in the fields of Political Economy and economic Theory, inspiring subsequent generations of reformers and economists.
Anecdotes
- Once proposed a detailed plan for a vast system of public granaries to combat famine, revolutionizing economic policy thinking.
- Promoted the Idea of laissez-faire Economics, influencing Future economic theorists and laying groundwork for modern Capitalism.
- Worked on a comprehensive project to create a map of France, which was groundbreaking for its detail and accuracy at the Time.
Magnitudes
- Challenge established norms through fearless Innovation.
- Prioritize long-term solutions over short-term gains.
- Challenge established norms with analytical Reasoning.
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