On This Day

French First Minister of State and Controller-General of Finances Anne Robert Jacques Turgot resigns after being ordered

French First Minister of State and Controller-General of Finances Anne Robert Jacques Turgot resigns after being ordered to do so

Anne Robert Jacques Turgot, Baron de l'Aulne, commonly known as Turgot, was a French economist and statesman. Sometimes considered a physiocrat, he is today best remembered as an early advocate for economic liberalism. He is thought to have been the first political economist to have postulated something like the law of diminishing marginal returns in agriculture.

Historical Significance

Anne Robert Jacques Turgot, Baron de l'Aulne, commonly known as Turgot, was a French economist and statesman.

Events Before

  1. British Parliament declares Massachusetts Colony in rebellion

    British Parliament declares Massachusetts Colony in rebellion

  2. Patrick Henry proclaims "Give me liberty or give me death" in a speech encouraging Virginia troops to join the American

    Patrick Henry proclaims "Give me liberty or give me death" in a speech encouraging Virginia troops to join the American Revolutionary War

  3. Paul Revere, William Dawes and Samuel Prescott ride from Charlestown to Lexington warning "the regulars are coming out!"

    Paul Revere, William Dawes and Samuel Prescott ride from Charlestown to Lexington warning "the regulars are coming out!" [1]

  4. American Revolution begins in Lexington, Massachusetts, with the "Shot Heard Round the World" fired later that day in Co

    American Revolution begins in Lexington, Massachusetts, with the "Shot Heard Round the World" fired later that day in Concord

  5. Second Continental Congress convenes in Philadelphia, Pennsylvania, issuing paper currency for the first time

    The Second Continental Congress (1775–1781) was the meeting of delegates from the Thirteen Colonies that united in support of the American Revolution and Revolutionary War, which established American…

Events After

  1. General George Washington's Revolutionary Army defeats British forces at the Battle of Princeton, New Jersey

    The Battle of Princeton was a battle of the American Revolutionary War, fought near Princeton, New Jersey on January 3, 1777, and ending in a small victory for the Colonials.

  2. US Continental Congress adopts the Stars & Stripes flag, designed by Francis Hopkinson, replacing the Grand Union flag

    The Betsy Ross flag is a 1792 design for the flag of the United States that first appeared in a painting of George Washington at Trenton by John Trumbull.

  3. American seamstress Betsy Ross (25) weds (for the 2nd time) mariner Joseph Ashburn

    American seamstress Betsy Ross (25) weds (for the 2nd time) mariner Joseph Ashburn

  4. Independent Vermont introduces a new constitution prohibiting slavery

    Independent Vermont introduces a new constitution prohibiting slavery

  5. King Louis XVI of France and his Foreign Minister clandestinely agree to supply the United States with munitions during

    King Louis XVI of France and his Foreign Minister clandestinely agree to supply the United States with munitions during the American Revolution

More from the 1770s

Frequently Asked Questions

What happened on May 12, 1776?
Anne Robert Jacques Turgot, Baron de l'Aulne, commonly known as Turgot, was a French economist and statesman. Sometimes considered a physiocrat, he is today best remembered as an early advocate for economic liberalism. He is thought to have been the first political economist to have postulated something like the law of diminishing marginal returns in agriculture.
Why is French First Minister of State and Controller-General of Finances Anne Robert... significant?
Anne Robert Jacques Turgot, Baron de l'Aulne, commonly known as Turgot, was a French economist and statesman.

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