- Name: Friedrich List
- Born: 08/06/1789
- Died: 11/30/1846 (57 years old)
Georg Friedrich List (6 August 1789 – 30 November 1846) was a German-American economist who developed the “National System” of political economy. He was a forefather of the German historical school of economics, and argued for the German Customs Union from a Nationalist standpoint. He advocated imposing tariffs on imported goods while supporting free trade of domestic goods, and stated the cost of a tariff should be seen as an investment in a nation’s future productivity.
Birth Place: Reutlingen, Duchy of Württemberg, Holy Roman Empire
Death Place: Kufstein, County of Tyrol, Austrian Empire
Friedrich List quotes :
It is bad policy to regulate everything... where things may better regulate themselves and can be better promoted by private exertions but it is no less bad policy to let those things alone which can only be promoted by interfering social power.Friedrich List