LIST, FRIEDRICH (1789-1846), German economist, was born at Reutlingen,
Württemberg, on the 6th of August 1789. Unwilling to follow the
occupation of his father, who was a prosperous tanner, he became a clerk
in the public service, and by 1816 had risen to the post of ministerial
under-secretary. In 1817 he was appointed professor of administration
and politics at the university of Tübingen, but the fall of the ministry
in 1819 compelled him to resign. As a deputy to the Württemberg chamber,
he was active in advocating administrative reforms. He was eventually
expelled from the chamber and in April 1822 sentenced to ten months'
imprisonment with hard labour in the fortress of Asperg. He escaped to
Alsace, and after visiting France and England returned in 1824 to finish
his sentence, and was released on undertaking to emigrate to America.
There he resided from 1825 to 1832, first engaging in farming and
afterwards in journalism. It was in America that he gathered from a
study of Alexander Hamilton's work the inspiration which made him an
economist of his pronounced "National" views. The discovery of coal on
some land which he had acquired made him financially independent, and he
became United States consul at Leipzig in 1832. He strongly advocated
the extension of the railway system in Germany, and the establishment of
the _Zollverein_ was due largely to his enthusiasm and ardour. His
latter days were darkened by many misfortunes; he lost much of his
American property in a financial crisis, ill-health also overtook him,
and he brought his life to an end by his own hand on the 30th of
November 1846.
List holds historically one of the highest places in economic thought as
applied to practical objects. His principal work is entitled _Das
Nationale System der Politischen Ökonomie_ (1841). Though his practical
conclusions were different from those of Adam Müller (1779-1829), he was
largely influenced not only by Hamilton but also by the general mode of
thinking of that writer, and by his strictures on the doctrine of Adam
Smith. It was particularly against the cosmopolitan principle in the
modern economical system that he protested, and against the absolute
doctrine of free trade, which was in harmony with that principle. He
gave prominence to the national idea, and insisted on the special
requirements of each nation according to its circumstances and
especially to the degree of its development.
Public-domain text, read in full here on John Shaqi.
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