Document Type : Research

Author

• Mohammad Reza Darrehshiri

Assistant Professor of Economics, Faculty of Management and Industrial Engineering, Malek Ashtar University of Technology, Tehran, Iran

Abstract

The book "National System of Political Economy" by Friedrich List has tried to expose the fallacies in the explanation and analysis of the history of the development of industrialized countries. With a research narrative approach, this book has provided lessons for development policies in developing countries by examining historical events and factors that have had an effective role in the development of industrialized countries, and in this process, she has come to the conclusion that the classical economic theories are in conflict with the historical facts and has severely criticized them. This article has tried to examine List's economic ideas and introduce some of the reasons for the marginalization of these ideas by orthodox economists and finally, based on List's thoughts, with a scholarly narrative view, identify and present the most important theoretical fallacies in Iran's industrialization process in the last four decades. These fallacies have had a great impact on the relative inefficiency of economic governance in implementing the privatization program, creating a stable balance in the trade balance, improving productivity, developing the knowledge-based economy and reversing the emigration of elites from the country.

Keywords

• Political Economy
• Historical School
• Mainstream Economics
• Industrial Development
• War of theorizing

Main Subjects

• Economy