Note 610 — Chapter IV · : FRIEDRICH LIST AND THE NATIONAL SYSTEM OF POLITICAL ECONOMY

We must make an exception of M. Cauwès, whose Protectionism, on the contrary, is a quite logical adaptation of List’s idea, viz. the superiority of nations possessing a complex economy. This is the only scientific system of Protection that we are to-day acquainted with. But it must be confessed that the majority of writers are very far removed from Cauwès’ point of view. Compare his Cours d’ Économie politique, 3rd ed., vol. iii.