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The concept of Ordnungspolitik : rule-based economic policy-making from the perspective of the Freiburg School
Schnellenbach, Jan - 2021
argument for rule-based Ordnungspolitik back to the roots of the concept. In doing so, will not offer a comprehensive review of … Freiburg approach is still valid. There are good, empirical arguments for pursuing a rule-based Ordnungspolitik in order to … incapacitation of democratic decision-making. Rules rely on democratic support, and rule-based Ordnungspolitik also leaves …
Persistent link: https://www.econbiz.de/10012511811
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Antipathy for Heidelberg, sympathy for Freiburg? : Vincent Ostrom on Max Weber, Walter Eucken, and the compound history of order
Kolev, Stefan - 2019
Vincent Ostrom's legacy is revisited in this paper along three dimensions: Ostrom's contributions as a historian of politico-economic thought, as a complexity theorist, and as an epistemologist. All three dimensions are captured from a perspective which has seldom been studied systematically...
Persistent link: https://www.econbiz.de/10012137312
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When liberty presupposes order : F. A. Hayek's learning ordoliberalism
Kolev, Stefan - 2021
This paper contextualizes the early political economy of Austrian economist and social philosopher F. A. Hayek in the intellectual milieu of German ordoliberalism. It argues that the particular urgency during the 1930s and 1940s to preserve and stabilize the disintegrating orders of economy and...
Persistent link: https://www.econbiz.de/10012426958
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Emigration with a pulled handbrake : Friedrich A. Lutz's internal Methodenstreit
Grudev, Lachezar - 2021
My paper reconstructs the path of German economist Friedrich A. Lutz (1901−1975) to American economics. The correspondence with his former teacherWalter Eucken, the founder of the Freiburg School, constitutes a crucial and yet unexplored source for the paper. Through Lutz's case, I demonstrate...
Persistent link: https://www.econbiz.de/10012522554
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Revisiting Frank H. Knight's 'The Ethics of Competition'
Emmett, Ross B. - 2019
James M. Buchanan revisited his mentor's famous 1923 essay “The Ethics of Competition” in an essay written for the centenary celebration of Frank Knight's birth in 1985. Buchanan's paper focused on the first section of Knight's essay, and outlined why it provided an inadequate criticism of a...
Persistent link: https://www.econbiz.de/10012889227
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Institutional Economics and John Dewey's Instrumentalism
Rutherford, Malcolm - 2022
Previous discussions concerning the relationship between John Dewey’s pragmatic instrumentalism and institutional economics have focused on Clarence Ayres and on issues of valuation. This paper gives attention to the actual conduct of economic investigations by institutionalists such as Wesley...
Persistent link: https://www.econbiz.de/10014080527
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Waging War Against Mechanical Man. Frank H. Knight's Critique of Behavioristic Psychology
Asso, Pier Francesco; Fiorito, Luca - 2002
The major theme of this essay is to explore the rationale of Knight's campaign against the adoption of behaviorism in economics. We also attempt to qualify whether Knight's methodological criticism may somewhat undermine his recently acquired credentials as an institutionalist economist. In so...
Persistent link: https://www.econbiz.de/10014115188
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Walter Eucken's Role in the Early History of the Mont Pèlerin Society
Kolev, Stefan - 2016
In the history of economic thought Walter Eucken is mostly known for his impact in establishing the Social Market Economy in post-war Germany. Even though there is a growing interest in his ideas especially from an Austrian and a Constitutional Economics perspective, his influence on the...
Persistent link: https://www.econbiz.de/10012977131
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Walter Eucken on competitive order at the founding meeting of the Mont Pèlerin Society 1947
Kolev, Stefan; Horn, Karen - 2022
This paper provides, after a contextualizing introduction, the first-time translation of Walter Eucken’s presentation during the first session of the founding meeting of the Mont Pèlerin Society, April 1-10, 1947. Eucken was the only scholar based in Germany to attend the conference and took...
Persistent link: https://www.econbiz.de/10013164738
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A Critical Overview of Islamic Economics from a Welfare-State Perspective
Soldatos, Gerasimos - 2016
This paper builds upon the following critique of Islamic economics: (a) Persistence on the literal interpretation of what the theology of Islamic law implies socioeconomically, (b) Rejection subsequently of the core western economic principle of homo economicus-cum-competition, though homo...
Persistent link: https://www.econbiz.de/10012996721