French School, (18th century); French. Medium: oil on canvas. Anne-Robert-Jacques Turgot, baron de Laune (1727-81) French economist and statesman. He was a Physiocrat (Physiocracy was a school of economics 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. It is generally regarded as the first scientific school of economics). He advocated reform and abolition of privileges in France and as Minister of the Navy (1774-76) he opposed French financial support of the American Revolutionary War on the grounds of economy. Provenance: Ch�teau de Versailles, France / Giraudon. Photographic Rights The Bridgeman Art Library.