Title: List's Economic Theory and Its Practical Significance
Abstract: In the history of Economics,List is the first economist who constructed an integral economic theory to criticize Smith doctrine that still is in orthodox.List argued that classic economists discussed the personal economics and human economics but ignored national economics because they could not make a difference between value theory and productivity theory.Taken national Economics in consideration,dynamic trade protection policy is the only way to realize free trade at last,and to accord with all the people's interests.List's economic theory is of great importance in economics itself,as well as in the establishment of foreign trade policy for vast developing countries.
Publication Year: 2011
Publication Date: 2011-01-01
Language: en
Type: article
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