German economist Friedrich List believed tariffs on imported goods would stimulate the economy. He wrote The National System of Political Economy.
Economist Friedrich List was born on August 6, 1789, in Reutlingen, Germany. He believed tariffs on imported goods would boost the German economy and wanted to abolish German tariff barriers. He was exiled in 1825 and became an American citizen. He returned in 1834 to serve as U.S. consul at Leipzig. He wrote The National System of Political Economy in 1841. He killed himself in 1846.