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Friedrich List

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Georg Friedrich List (6 August 1789 – 30 November 1846) was a German economist with dual American citizenship who developed the “National System”, also known as the National System of Innovation. 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.List was a liberal who promoted representative democracy and civil liberties and contributed to the Staatslexikon of Karl von Rotteck and Carl Theodor Welcker. Emmanuel Todd considers the work of John Maynard Keynes to be the logical continuation of List’s theories.