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Understanding Social Market Economy, Francesco Forte and His Interpretation

Author

Listed:
  • Flavio Felice

    (Social and Educational Sciences of the University of Molise)

  • Markus Krienke

    (School of Theology in Lugano (Facoltà di Teologia di Lugano))

Abstract

The social thought which emerges from Francesco Forte’s economic writings proves to be mainly inspired by methodological individualism, though interpreted through a peculiar “personalistic” key. We will analyze the peculiar traits of his thought and the specific contribution that Forte gave to the understanding of a specific economic theory based on the doctrine of “Ordoliberalism” or the “Freiburg School.” In our work, we will show how Forte proposes an interpretation of that doctrine, according to two of his main points of reference in economic and philosophical thought: Luigi Einaudi and Antonio Rosmini Serbati. Finally, we will present an important aspect of Forte’s work: his institutional analysis in the light of the particular civil philosophy expressed by Christian social teaching.

Suggested Citation

  • Flavio Felice & Markus Krienke, 2017. "Understanding Social Market Economy, Francesco Forte and His Interpretation," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 23(1), pages 21-37, February.
    • Handle: RePEc:kap:iaecre:v:23:y:2017:i:1:d:10.1007_s11294-016-9622-8
    DOI: 10.1007/s11294-016-9622-8
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    More about this item

    Keywords

    Ordoliberalism; Social Market Economy; Catholic Social Thought; Rosmini; Einaudi; Vanoni;
    All these keywords.

    JEL classification:

    • A12 - General Economics and Teaching - - General Economics - - - Relation of Economics to Other Disciplines
    • A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values
    • A14 - General Economics and Teaching - - General Economics - - - Sociology of Economics
    • B20 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - General
    • B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology
    • E12 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Keynes; Keynesian; Post-Keynesian; Modern Monetary Theory
    • K10 - Law and Economics - - Basic Areas of Law - - - General (Constitutional Law)
    • P11 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Planning, Coordination, and Reform
    • Y8 - Miscellaneous Categories - - Related Disciplines
    • Z1 - Other Special Topics - - Cultural Economics
    • Z12 - Other Special Topics - - Cultural Economics - - - Religion
    • Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Language; Social and Economic Stratification

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