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Roads to Wisdom, Conversations with Ten Nobel Laureates in Economics
This is a beautifully written and engaging book. At its heart is a series of structured interviews with ten Nobel Memorial Laureates in Economics that provide fascinating insights into the main influences on their career paths and pioneering work. Karen Horn is to be applauded, not just for her wide-ranging scholarship and thought-provoking analysis but also for producing a non-technical yet rigorous book which is eminently accessible to non-specialists. In short this an excellent volume which comes highly recommended. Howard R. Vane, Liverpool John Moores University, UK Karen Horn s questions are insightful, her notes are accurate and informative, and her summing up of the central question ...
Die soziale Marktwirtschaft
"Nationalökonomie ist, wenn die Leute sich wundern, warum sie kein Geld haben." - Kurt Tucholsky Im Zuge der Finanz- und Wirtschaftskrise hat der Kapitalismus an Akzeptanz verloren. Eine fundamentale Systemdebatte brach los. Viele erklärten den Neoliberalismus zur Ursache allen Übels und forderten eine Rückbesinnung auf die Soziale Marktwirtschaft. So heißt das berühmte Nachkriegs-Erfolgsmodell einer Wirtschafts- und Gesellschaftsordnung, dem Deutschland viel verdankt, nicht zuletzt das Wirtschaftswunder der fünfziger Jahre. Die Soziale Marktwirtschaft ist ein Symbol für soziale Harmonie und gesamtwirtschaftlichen Erfolg. Und sie ist ein deutsches Markenzeichen.Was eine "social marke...
The Difficult Relationship Between Historical Ordoliberalism and Adam Smith
Ever since the global financial crisis of 2008, interpreted by some observers as a foreseeable failure of "unfettered" capitalism, the German intellectual tradition of ordoliberalism has been meeting with increased interest. Its emphasis on good government, appropriate rules and institutions makes it attractive. Welcome as this may be, however, that trend may impact the reception of the works of Adam Smith in a problematic way, since the key historical figures of ordoliberalism reject his theory vigorously, even though, from today's perspective, their concerns and policy recommendations look very parallel to his. Their common hope is human flourishing. Just like the Scot, the broad scope of ...
The New Institutionalist Economic History of Douglass C. North
This book offers a comprehensive assessment of Douglass North’s contribution to economics and the social sciences by examining the origins and structure of his New Institutionalist Economic History (NIEH). Informed by contemporary debates in the philosophy of economics, Krul describes the evolution of North’s theory from mainstream economics to an increasingly heterodox form of New Institutionalism. He also examines what North's original aims were in developing the NIEH research programme and how well it has achieved these aims. By exploring major themes in North's NIEH, with an emphasis on the final stage of his theory, Krul sheds new light on the strengths and weaknesses of North's work. He also discusses the implications of this critical interpretation for the New Institutionalism in economics and other fields of social science.
Research Handbook on Law and Marxism
This Research Handbook offers unparalleled insights into the large-scale resurgence of interest in Marx and Marxism in recent years, with contributions devoted specifically to Marxist critiques of law, rights, and the state.
Hayek für jedermann
Die modernen Theorien eines Nobelpreisträgers Friedrich August von Hayek (1899-1992) ist als Ökonom und Sozialphilosoph eine Ausnahmegestalt in der Wirtschaftswissenschaft. Nicht erst seit der Finanzkrise genießen die Arbeiten des Nobelpreisträgers von 1974, die von der Konjunkturtheorie bis zur Theorie der kulturellen Evolution reichen, wieder starkes Interesse. Hayeks weitgefächertes Forschungsprogramm, das sich um das Entstehen von Ordnung dreht und normativ die Freiheit an die Spitze der Werteskala setzt, ist zu jeder Zeit so wichtig wie spannend. Der vierte Band aus der Reihe "Ökonomen für jedermann" berichtet von Hayeks Jugend, Kriegseinsatz und Studium im Wien der Donaumonarchie, von seiner wissenschaftlichen Karriere und den Haupteinflüssen auf sein Denken, von den großen Stationen seiner Laufbahn in London, Chicago, Freiburg und Salzburg, von seinen wichtigsten theoretischen Leistungen und Werken sowie von der Wirkung seiner Arbeit auf die Wissenschaft und die Politik. Karen Horn bringt uns leicht verständlich das Werk eines Mannes näher, der den vermeintlichen Widerspruch von Freiheit und Ordnung einer Gesellschaft aufhebt.
The demolition
The world is facing a crisis of unimagined proportions. Climate collapse and Corona are presenting us with challenges that could not even have been imagined just a few years ago. Terms like "debt brake" or "black zero" seem out of time. While the world is hunting for a vaccine, long suppressed grievances suddenly become visible. We are accustomed to a world of waste and prosperity and hardly notice that in Germany eight percent of farms manage more than half of all agricultural land and thus also collect the lion's share of EU subsidies. Unequal distribution of wealth and the devaluation of savings play into the hands of the political elites and produce ever greater dependencies.
Bedeviled
How scientists through the ages have conducted thought experiments using imaginary entities—demons—to test the laws of nature and push the frontiers of what is possible Science may be known for banishing the demons of superstition from the modern world. Yet just as the demon-haunted world was being exorcized by the enlightening power of reason, a new kind of demon mischievously materialized in the scientific imagination itself. Scientists began to employ hypothetical beings to perform certain roles in thought experiments—experiments that can only be done in the imagination—and these impish assistants helped scientists achieve major breakthroughs that pushed forward the frontiers of s...
The Long Shadow of Versailles
Ordoliberalism and Keynesianism are not exactly known to fit hand in glove. Accordingly, the German economists Walter Eucken, head of the Freiburg school, and Wilhelm Röpke, from his Istanbul and Geneva exiles, were in near perfect agreement in their opposition to the interventionist "full employment" teachings of their English colleague John Maynard Keynes. An article by Röpke on Keynes in the Swiss newspaper Neue Zürcher Zeitung (NZZ) published in 1946 however met with "fundamental objections" by Eucken, and a controversy took off. The bone of contention between the two colleagues and rather dissimilar friends was Keynes's famous earlier critique of the Versailles Peace Treaty, and the ...
