History of Economic Thought Extra Credit, Essays (university) of History of Economic Thought

Download History of Economic Thought Extra Credit and more Essays (university) History of Economic Thought in PDF only on Docsity! A Brief History, and my Thoughts on Friedrich List By: Tanner C. Behr Class: The History of Economic Thought Professor: Birikorang Okraku Class Time: 6pm-8pm Friedrich List was one of the forefathers of the German Historical School. He was nationalist/romantic critic who was born in Reutlingen as the son of a tanner. At age 17 he became a clerk at Tubingen where he joined the school. He was appointed a professor of administration and politics of Tubingen University. His views were considered too liberal because List suggested certain reforms in the administration. Among these views was: his criticizing of the government for adopting free import policies, promoting a strong political and commercial union of The German States, the favoring of the abolition of tolls on roads in Germany, the favoring of strong ownership of industries, the abolition of property taxes, the favored trail by jury, favored the reduction of civil service officers, and favored single direct income tax to meet the expenses of government. The Government found these ideas to be treason and was imprisoned. Afterwards he moved to the United States, in Pennsylvania, as a farmer, a business person, and a promoter. He then moved back to Germany and killed himself in 1846. Before his tragic death, Friedrich List published a book in 1841 “The National System of Political Economy. Within his book and his own thoughts, Friedrich List explained the following thoughts which he believed had to be done: Economic unification and economic nationalism of Germany should go through protection, Free trade should run through Germany, high tariffs against imports of manufactured goods to protect newly emerging domestic industries (in todays world this would be the