Main Entry: phys·io·crat

Pronunciation: \ˈfi-zē-ə-ˌkrat\

Function: noun

Usage: often capitalized

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

Date: 1798

: 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

— phys·io·crat·ic \ˌfi-zē-ə-ˈkra-tik\ adjective often capitalized