Letter I
“
… I believe it to be a duty of the General Convention of Harrisburg, not only to support the wool growers and wool manufacturers, but to lay the root at the axe of the tree, by declaring the system of Adam Smith to be erroneous – by declaring war against it on the part of the American System – ...
— Friedrich List
What It Means
This is a placeholder explanation generated by the low-overhead model. It interprets "… I believe it to be a duty of the General Convention of Harrisburg, not only to support the wool growers and wool manufacturers, but to lay the root at the axe of the tree, by declaring the system of Adam Smith to be erroneous – by declaring war against it on the part of the American System – ..." in the context of "Letter I" to mean that wisdom is timeless.
Source: Wikiquote: "Friedrich List" (Quotes, Outlines of American Political Economy (1827))
The 'What it means' explanation text was generated by Google Gemini Flash (accessed January 18, 2026). https://gemini.google.com/app
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About Adam Smith
Adam Smith (16 June 1723 – 17 July 1790) was a Scottish-born economist and philosopher, widely considered the "father of modern economics".
About Adam Smith
Adam Smith (16 June 1723 – 17 July 1790) was a Scottish-born economist and philosopher, widely considered the "father of modern economics".
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