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Quote by Friedrich List

“Only now did I recognize the reciprocal relationship which exists between manufacturing power and the national system of transportation, and that the one can never develop to its fullest without the other.”

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Friedrich List

Friedrich List was a prominent German economist known for his contributions to protectionist economic theories. His theories advocated for the protection of domestic industries to promote national economic development, which had a profound impact on later economists and policymakers. more

“Used to the conditions of a capitalistic environment, the average American takes it for granted that every year business makes something new and better accessible to him. Looking backward upon the years of his own life, he realizes that many implements that were totally unknown in the days of his youth and many others which at that time could be enjoyed only by a small minority are now standard equipment of almost every household.”

Years Philosophy Political Used Realizing Environment Conditions Youth Standards Economics Average Granted Enjoyed Minorities Something New Household Looking Back Equipment

Book:Economic freedom and interventionism: an anthology of articles and essays

Source: Economic freedom and interventionism: an anthology of articles and essays

“The main propoganda trick of supporters of the allegedly "progressive" policy of government control is to blame capitalism for all that is unsatisfactory in present-day conditions and to extol the blessings of socialism. They have never attempted to prove their fallacious dogmas, all they did was to call their adversaries names and cast suspicion upon their motives. And, unfortunately, the average citizen cannot see through these stratagems. The liars must be afraid of the truth and are therefore driven to suppress its pronouncement.”

“One day, because they realize for some reason or other that they must stop credit expansion, the banks do stop creating new credit to lend. Then the firms that have expanded cannot get credit to pay for the factors of production necessary for the completion of the investment projects which they have already committed themselves. Because they cannot pay their bills, they sell off their inventories cheap. Then comes the panic, the breakdown. And the depression starts.”

“What does a tax do? It takes either from the producer or the consumer a more or less sizable portion of the product destined in part to consumption and in part to savings, in order to apply it to less productive or even destructive ends, and more rarely to savings.”

Doe Ends Philosophy Political Order Products Taxes Economics Producers Saving Consumers Destructive Productive Portions Consumption Destined Savings

Author:Gustave de Molinari

“The redistribution of wealth creates dependence on the people to whom it is redistributed, it doesn't incentivize them to create their own wealth.”

People Philosophy Political Wealth Economics Dependence Redistribution Of Wealth

Author:Andrew Napolitano

Quote by Friedrich List

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