"More people should read the works of Friedrich List. If they do, they may wonder why this turgid, confused writer—whose theory led him to predict that Holland and Denmark would be condemned to permanent economic backwardness unless they sought political union with Germany—has suddenly become a favorite of Fallows, Prestowitz and others. The new cult of List bears an uncanny resemblance to the right-wing supply-siders' canonization of the classical French economist Jean-Baptiste Say, who claimed that the economy as a whole could never suffer from the falls in aggregate demand that produce recessions."