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Walter Eucken on Economic Policies - Dictionary of Arguments

Mause I 95f
Economic Policy/Eucken: A. Constituent principles of a "liberal and humane economic order":
Functioning pricing system, primacy of monetary policy, open markets, private ownership, contractual freedom, liability, consistency of policy.
B. Regulative Principles:
Monopoly control, correction of external effects, income policy, consideration of the anomalous behaviour of supply on labour markets. (1)
Thesis: there is an interdependence of economic and political orders,
parallel ideas can now be found - albeit without reference to the Freiburg researchers - above all in the theory of limited and Open Access Orders from North, Wallis and Weingast. (2)
These ideas were socio-politically effective and led to the development of the social market economy after 1945. (3)(4)

1 .W. Eucken, Grundsätze der Wirtschaftspolitik, Tübingen 1952/1990
2. J. Zweynert, The concept of Ordnungspolitik through the lens of the theory of limited and open access orders. Constitutional Political Economy 26( 1): 4– 18.
3. Rieter, Heinz, und Matthias Schmolz, The ideas of German ordoliberalism 1938– 1945: Pointing the way to a new economic order. The European Journal of the History of Economic Thought 1(1) 1993,S. 87– 114.
4. Klump, R.,Wege zur Sozialen Marktwirtschaft – Die Entwicklung ordnungspolitischer Konzeptionen in Deutschland vor der Währungsreform. In Die Umsetzung wirtschaftspolitischer Grundkonzeptionen in die kontinentaleuropäische Praxis des 19. und 20. Jahrhunderts, Hrsg. E. W. Streissler, 129– 160. Berlin 1996.

Explanation of symbols: Roman numerals indicate the source, arabic numerals indicate the page number. The corresponding books are indicated on the right hand side. ((s)…): Comment by the sender of the contribution. Translations: Dictionary of Arguments
The note [Author1]Vs[Author2] or [Author]Vs[term] is an addition from the Dictionary of Arguments. If a German edition is specified, the page numbers refer to this edition.

EconEuck I
Walter Eucken
Grundsätze der Wirtschaftspolitik Tübingen 1952

Mause I
Karsten Mause
Christian Müller
Klaus Schubert,
Politik und Wirtschaft: Ein integratives Kompendium Wiesbaden 2018

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Ed. Martin Schulz, access date 2021-08-03
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