Identify the assumptions or conclusions he disagrees with


Problem

1) What is List's main contention with Smith and the "cosmopolitan" economic plans? Does he disagree primarily with their assumptions or conclusions? Identify the assumptions or conclusions he disagrees with.

2) Explain List's concept of a "union of labor" as it relates to Adam Smith's "division of labor." Which is more productive, and what does a union of labor presuppose (and why is this important)? Does List agree or disagree with Smith that private economies are congruous with national economies? Why or why not? Expand on both positions in your answer.

3) If Adam Smith were alive at the time National System was written, how might he respond? Would he qualify his arguments or rebuff List? Include some of the main concepts of Smith and List in your answer.

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