Abstract
Abstract Friedrich List (1789–1846) is one of the three leading economists who founded their own economic system. In short: Adam Smith (1723–1790) is regarded as the father of free trade and economic liberalism, Karl Marx (1818–1883) the father of central administration economy and socialism, and in the middle Friedrich List, a pioneer of the social market economy and infant industry policy. This article focuses the difficulties of the definition of List’s maxim “From prosperity to liberty” as well as his social conscience and the characteristics of the social market economy in the context of List’s approach and with his aspects of the Magical Hexagon of the social market economy. His main work “The national system of political economy” of 1841, which has been translated into many languages, became the first German classic in the field of economics in the first half of the 19th century.
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