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A history of economic doctrines

Note 573 — Chapter IV · : FRIEDRICH LIST AND THE NATIONAL SYSTEM OF POLITICAL ECONOMY

R. (Robert) Richards translation

“In the Italian and the Hanseatic cities, in Holland and England, in France and America, we find the powers of production and consequently the wealth of individuals growing in proportion to the liberties enjoyed, to the degree of perfection of political and social institutions, while these, on the other hand, derive material and stimulus for their further improvement from the increase of the material wealth and the productive power of individuals.” (National System, p. 87.)

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