Opposite to mercantilism was the doctrine of physiocracy, which predicted that mankind would outgrow its resources. |
Physiocracy developed in France during the period of mercantilism but before Smith revolutionized economics with the publication of The Wealth of Nations. |
Free trade no less than agrarianism characterized physiocracy. |
Hundert's book on Mandeville and the Enlightenment, Steven Kaplan's many works on physiocracy and politics in France, and so on. |