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A history of economic doctrines

Note 613 — Chapter IV · : FRIEDRICH LIST AND THE NATIONAL SYSTEM OF POLITICAL ECONOMY

R. (Robert) Richards translation

“A merely agricultural State is an infinitely less perfect institution than an agricultural-manufacturing State. The former is always more or less economically and politically dependent on those foreign nations which take from it agricultural products in exchange for manufactured goods. It cannot determine for itself how much it will produce: it must wait and see how much others will buy from it.” (National System, p. 145.)

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