National system of political economy
14.99 €
In stock
National system of political economy
14.99 €
Friedrich List's classic work, The National System of Political Economy, describes the conditions under which protectionism, according to the author, will facilitate the country's transition to a higher level of economic development. List's concept is based on the five-term theory of stages of economic development and the theory of productive forces, developed in opposition to the theory of classical political economy of Adam Smith and his followers, which List called the theory of exchange values.
List develops the theory of educational duties put forward by A. Hamilton, depicting customs duties as a temporary phenomenon, as crutches that should help industry get on its feet, because a country that limits itself to agriculture alone is like a man without one arm. Industry gives the state infinite dominance over a purely agrarian country, the absence of industry cripples agriculture itself.
At the same time, the author points out that protectionism is not always beneficial and the ultimate goal for List is still free trade, but already “beneficial” to the country that has achieved perfect development of productive forces with the help of protectionism.
As appendices, this edition includes three reviews of the 1st edition of 1891 and a chapter devoted to the analysis of the work of F. List, from the master's dissertation of Balthasar Kalinowski (1827-1884), defended in 1859 at St. Petersburg University.
List develops the theory of educational duties put forward by A. Hamilton, depicting customs duties as a temporary phenomenon, as crutches that should help industry get on its feet, because a country that limits itself to agriculture alone is like a man without one arm. Industry gives the state infinite dominance over a purely agrarian country, the absence of industry cripples agriculture itself.
At the same time, the author points out that protectionism is not always beneficial and the ultimate goal for List is still free trade, but already “beneficial” to the country that has achieved perfect development of productive forces with the help of protectionism.
As appendices, this edition includes three reviews of the 1st edition of 1891 and a chapter devoted to the analysis of the work of F. List, from the master's dissertation of Balthasar Kalinowski (1827-1884), defended in 1859 at St. Petersburg University.
See also:
- All books by the publisher
- All books by the author
- All books in the series Russian tariff