Turgot's best known work, Réflexions sur la formation et la distribution des richesses (Reflections on the Formation and Distribution of Wealth), was written early in the period of his intendancy, ostensibly for the benefit of two young Chinese students. Written in 1766, it appeared in 1769–1770 in Dupont's journal, the Ephémérides du citoyen, and was published separately in 1776. Dupont, however, made various alterations in the text, in order to bring it more into accordance with Quesnay's doctrines, which led to a coolness between him and Turgot.

In the Réflexions, after tracing the origin of commerce, Turgot develops Quesnay's theory that the land is the only source of wealth, and divides society into three classes, the productive or agricultural, the salaried (the classe stipendiée) or artisan class, and the land-owning class (classe disponible). After discussing the evolution of the different systems of cultivation, the nature of exchange and barter, money, and the functions of capital, he sets forth the theory of the impôt unique, i.e. that only the net product (produit net) of the land should be taxed. In addition he demanded the complete freedom of commerce and industry.

Turgot's best known work, Réflexions sur la formation et la distribution des richesses (Reflections on the Formation and Distribution of Wealth), was written early in the period of his intendancy, ostensibly for the benefit of two young Chinese students. Written in 1766, it appeared in 1769–1770 in Dupont's journal, the Ephémérides du citoyen, and was published separately in 1776. Dupont, however, made various alterations in the text, in order to bring it more into accordance with Quesnay's doctrines, which led to a coolness between him and Turgot.

In the Réflexions, after tracing the origin of commerce, Turgot develops Quesnay's theory that the land is the only source of wealth, and divides society into three classes, the productive or agricultural, the salaried (the classe stipendiée) or artisan class, and the land-owning class (classe disponible). After discussing the evolution of the different systems of cultivation, the nature of exchange and barter, money, and the functions of capital, he sets forth the theory of the impôt unique, i.e. that only the net product (produit net) of the land should be taxed. In addition he demanded the complete freedom of commerce and industry.

Anne-Robert-Jacques Turgot, Baron de Laune (10 May 1727 – 18 March 1781) was a French economist and statesman. Originally considered a physiocrat, he is today best remembered as an early advocate for economic liberalism.