Friedrich List is the best known German economist who lived between 6 August 1789 and 30 October 1846. Making a name for himself with his ideas in the field of economics, List is known as a good economist, as well as an operator, diplomat and railway pioneer. The European Economic Community was born from Friedrich List’s ideas. For this reason, List is called the founding father of the European Union. Detailed information about “Who is the Friedrich List and what are his contributions to the economy?” is in the rest of the article. You can browse here for information about Milton Friedman.
Who is the Friedrich List and what are his contributions to the economy
Friedrich List worked as a civil servant and financial accountant; In 1816, he started to work as the Deputy Minister of Finance. He established the Faculty of Political Sciences at Tübingen University with the reference of the Minister of Church and School Education. The main courses of this department were justice, finance, management and economics. List, who is not a graduate of any school or university, received reaction from many people when he was awarded the title of professor. Due to some of his political views, Friedrich List had to leave his professorship when he was labeled as a putschist by the king.
List, who went to Frankfurt in 1819, came together with the merchants and established the German Trade Association. Inspired by this idea, Friedrich List put forward the view that in order to strengthen German industry, there should be a Customs Union that keeps the domestic market in Germany as a whole. List argued that customs should only have a duty to protect the domestic market in trade. List saw the free market as a richness factor in classical economics. In addition, it supported the system in which the unified market does not have customs for Germany and Central Europe. He stated that the customs borders within the country hurt the economy, restricting the growth of companies and their access to the international market. List planned to contribute to trade in this sense with the railway project.
For details: https://en.wikipedia.org/wiki/Friedrich_List
