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  1. Home
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  3. Strategies of Economic Order
  • Cited by 119
Publisher:
Cambridge University Press
Online publication date:
September 2009
Print publication year:
1995
Online ISBN:
9780511551529
DOI:
https://doi.org/10.1017/CBO9780511551529
Subjects:
Economics, History of Ideas, Economic Thought, Philosophy and Methodology
Series:
Ideas in Context (33)
Information

Book description

This book provides an overview of two hundred years of German economic thought, from the Staatswissenschaften of the eighteenth century to National Socialism and the Social Market. Whereas classical economics, from Smith through Ricardo to Marx and Mill, emphasised value, distribution and production, German economic thought had a long-running tradition of human need and the varying conditions for order. These ideas are brought together by a conception of rational action and, therefore, a rationalistic appraisal of welfare and order. By taking this perspective, the usual contrast of market and planning approaches to economic organisation is subsumed by an approach which focuses on the construction of order in economic processes. This book highlights the continuity of this practical approach of German economists through the two centuries under consideration - from the Cameralists to the Ordoliberals.

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