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People: Anne Robert Jacques Turgot

Anne Robert Jacques Turgot

French economist and statesman
Years: 1727 - 1781

Anne Robert Jacques Turgot, Baron de l'Aulne[ (May 10, 1727 – March 18, 1781), commonly known as Turgot, is a French economist and statesman.

Originally considered a physiocrat, he is today best remembered as an early advocate for economic liberalism.

He is thought to be the first economist to have recognized the law of diminishing marginal returns in agriculture.

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