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Neoliberal ordnungstheorie and constitutional economics

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  • Helmut Leipold

Abstract

Various new theoretical approaches, such as the economics of property rights, economic analysis of law or constitutional economics, have led to a renaissance of institutional theory. To a large extent, this renaissance emerged independently of the old institutionalism. In Germany, institutional analysis has a long and autonomous tradition, which has not been given proper international recognition. This applies especially to the neoliberal Ordnungstheorie, of which Walter Eucken is generally acknowledged to be the leading representative. This article examines the methodological and theoretical similarities and differences between Eucken's Ordnungstheorie and Buchanan's Constitutional Economics. Copyright George Mason University 1990

Suggested Citation

  • Helmut Leipold, 1990. "Neoliberal ordnungstheorie and constitutional economics," Constitutional Political Economy, Springer, vol. 1(1), pages 47-65, December.
    • Handle: RePEc:kap:copoec:v:1:y:1990:i:1:p:47-65
    DOI: 10.1007/BF02393033
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    1. Anthony Downs, 1957. "An Economic Theory of Political Action in a Democracy," Journal of Political Economy, University of Chicago Press, vol. 65, pages 135-135.
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    Cited by:

    1. Nils Goldschmidt & Arnold Berndt, 2005. "Leonhard Miksch (1901–1950)," American Journal of Economics and Sociology, Wiley Blackwell, vol. 64(4), pages 973-998, October.
    2. Peter J. Boettke & M. Scott King, 2023. "James M. Buchanan on “the relatively absolute absolutes” and “truth judgments” in politics," Public Choice, Springer, vol. 195(3), pages 213-230, June.
    3. Roland Fritz & Nils Goldschmidt & Matthias Störring, 2023. "Contextual liberalism: the ordoliberal approach to private vices and public benefits," Public Choice, Springer, vol. 195(3), pages 301-322, June.
    4. Richard E. Wagner, 2012. "Deficits, Debt, and Democracy," Books, Edward Elgar Publishing, number 14477.
    5. Schmidt André, 2008. "Ordnungsökonomische Wettbewerbskonzepte: Die Wettbewerbspolitik im Spannungsfeld zwischen Freiheit und Effizienz / Order Economic Concepts of Competition: Competition Policy between Economic Freedom a," ORDO. Jahrbuch für die Ordnung von Wirtschaft und Gesellschaft, De Gruyter, vol. 59(1), pages 209-236, January.
    6. Marcelo Resico & Stefano Solari, 2016. "The Social Market Economy as a Feasible Policy Option for Latin Countries," HISTORY OF ECONOMIC THOUGHT AND POLICY, FrancoAngeli Editore, vol. 2016(2), pages 27-52.
    7. Kirchner Christian, 2011. "Corporate Governance und Ordnungsökonomik / Corporate Governance and Constitutional Economics," ORDO. Jahrbuch für die Ordnung von Wirtschaft und Gesellschaft, De Gruyter, vol. 62(1), pages 321-342, January.
    8. Bleuel, Hans-H., 2009. "The German banking system and the global financial crisis: causes, developments and policy responses," Duesseldorf Working Papers in Applied Management and Economics 08, Duesseldorf University of Applied Sciences.
    9. Vanberg, Viktor J., 2015. "Constitutional political economy," Freiburg Discussion Papers on Constitutional Economics 15/06, Walter Eucken Institut e.V..
    10. Richard Wagner, 1998. "Social Democracy, Societal Tectonics, and Parasitical Pricing," Constitutional Political Economy, Springer, vol. 9(2), pages 105-111, June.
    11. María Guadalupe Martino, 2020. "Civil Economy: An Alternative to the Social Market Economy? Analysis in the Framework of Individual versus Institutional Ethics," Journal of Business Ethics, Springer, vol. 165(1), pages 15-28, August.
    12. Müller Christian, 2007. "Neoliberalismus und Freiheit – Zum sozialethischen Anliegen der Ordo-Schule / Neoliberalism and Liberty - The social ethical impetus of the German Ordo School," ORDO. Jahrbuch für die Ordnung von Wirtschaft und Gesellschaft, De Gruyter, vol. 58(1), pages 99-108, January.

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