Infrastructure is the economic growth theory of the market economy. The missing comprehensive approach to infrastructure corresponds to the practiced neglect of the long-term policy objective of economic growth in the economic order of the German social market economy since its creation after...

The topic of this book is the interplay between the economic order and economic development in Germany's various economic systems since 1945 the social market economy of the old Federal Republic of Germany the state socialist planned economy of the German Democratic Republic and the social...

Der Beitrag beschreibt die Wirtschaftsordnung der Sozialen Marktwirtschaft nach Ludwig Erhard und geht den historischen und wirtschaftsphilosophischen Wurzeln dieser Konzeption nach. Es wird gezeigt, dass Erhards Modell bis zum Ende der 1950er-Jahre systematisch realisiert werden konnte....

The paper analyses the effects of monetary policy crisis management of the European Central Bank on the economic order of Germany. It is argued that in post-war Europe the German social market economy as designed by Eucken (1952) and Müller-Armack (1966) has been a core element of growth,...

In den späten 1970er Jahren erklärte der König des südasiatischen Kleinstaates Bhutan, dass für sein Land nicht das Bruttoinlandsprodukt wichtig sei, sondern vielmehr das Bruttonationalglück. Dieser Beitrag analysiert das Bruttonationalglück in Bhutan aus ordnungspolitischer Perspektive....

The process of globalization causes an increasing intensity of institutional competition, i.e. competition among national suppliers of institutional arrangements for mobile factors. This often leads to the conclusion that the competence of national economic policy actors is decreasing. As a...

Studies into the Wealth of Nations have been the aim of economics since Adam Smith. However, the spectacular rise of some economies, beginning with industrializing England in the 18th century, has been of particular interest. England's rise has been as miraculous in the eyes of the observers as...

This paper explores the origin and development of the consumer choice paradigm as the core concept of German ordoliberal thought which has had a strong impact on EU competition policy and law. Outside Germany, ordoliberal thought is often identified exclusively with the learning of the original...

The currency reform on 20 June 1948, together with a comprehensive liberalisation of prices and the implementation of monopoly control, formed the basis for the West German economic miracle. From then on, the market principles formulated by Walter Eucken und implemented by Ludwig Erhard became...

The hereby study offers an ensemble image upon the effects of the contemporary economic order and reconfiguration of the European Union. In this light, we wish to stress the main tendencies of the current world conjunction, the economic, politic and geostrategic opportunities and challenges, as...