One of the most prominent economic philosophers of the 19th
century, on a par with-but espousing quite different thinking
than-Karl Marx and Adam Smith explores, in the three-volume
National System of Political Economy, a reasoned doctrine of
national and pan-national management of trade, a global
collaboration between government and business. In Volume 2, he
delineates his theory of supportive interconnectedness, discussing
everything from the value of the individual's ability to produce
wealth to the edge established businesses have over new ones. A
close reading of this 1841 classic is an absolute necessity for
anyone who hopes to understand world economic history of the last
150 years. German economist and journalist FRIEDRICH LIST
(1789-1846) served as professor of administration and politics at
the University of T bingen, but was later jailed and later exiled
to America for his political views. His is also the author of
Outlines of American Political Economy (1827).
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