ABSTRACT

In the nineteenth century few economists had travelled as widely as Friedrich List. In Germany he lived in his native Württemberg and in Baden, Saxony, and Bavaria. Abroad he made his home first in America and then in France. He visited Austria, Hungary, England and Belgium. It is hardly surprising that his doctrines should have been influenced by ideas on economics prevalent in the countries in which he lived. When he was in the United States in 1825–1830 he was a leading advocate of the “American System” which was supported by Henry Clay, Mathew Carey, and Charles Ingersoll, who urged Congress to impose high import duties to safeguard “infant industries” from foreign competition. 1