IDEAS home Printed from
   My bibliography  Save this article

Ist die Ordnungsoekonomik zukunftsfaehig? (Constitutional economics: A viable approach?)


  • Lars P. Feld
  • Ekkehard A. Koehler


In diesem Beitrag setzen wir uns mit der zukuenftigen Positionierung der Ordnungsoekonomik innerhalb der Wirtschaftswissenschaften im Spannungsfeld zwischen positiver Analyse und normativer, auf wirtschaftspolitische Beratung zielender Disziplin auseinander. Im Sinne des normativen Individualismus bieten sich das Legitimationskriterium der individuellen Zustimmung oder die Steuerungsideale der Buerger- und Konsumentensouveraenitaet als Grundlage fuer die moderne Ausrichtung der Ordnungsoekonomik an. Ganz im Sinne des verfassungsoekonomischen Forschungsansatzes von James Buchanan werden daher die Buergerinteressen als Referenzkriterium herangezogen. Nach einem ueberblick ueber den neueren Methodenstreit diskutieren wir juengste Beitraege zur zukuenftigen Ausrichtung der Ordnungsoekonomik vor dem Hintergrund des verfassungsoekonomischen Forschungsprogramms. In einem dritten Schritt stellen wir unsere Perspektive zur Weiterentwicklung des ordnungsoekonomischen Forschungsansatzes dar. (This paper deals with the future of “Ordnungsoekonomik” (constitutional economics) within economic science regarding its dual character as a positive science on the one side and as a normative analysis trying to give policy advice on the other. From the perspective of normative individualism the criteria of legitimacy of individual consent or the ideals of governance of citizen and consumer sovereignty can serve as a basis for a modern adjustment of constitutional economics. In accordance with the constitu-tional economics approach of James Buchanan citizens’ interest will therefore be used as reference criteria. After an overview on the recent methodological debate (“Methodensrteit”) among economists we will discuss, based on the constitutional economics approach, recent arguments on the future devel-opment of constitutional economics. Finally we will present our own position concerning the future of the constitutional economics approach.)

Suggested Citation

  • Lars P. Feld & Ekkehard A. Koehler, 2011. "Ist die Ordnungsoekonomik zukunftsfaehig? (Constitutional economics: A viable approach?)," Zeitschrift für Wirtschafts- und Unternehmensethik - Journal for Business, Economics & Ethics, Rainer Hampp Verlag, vol. 12(2), pages 173-195.
  • Handle: RePEc:rai:ethics:doi_10.1688/1862-0043_zfwu_2011_02_feld

    Download full text from publisher

    File URL:
    Download Restriction: no

    More about this item


    Constitutional economics; Methodological debate; Theoretical development; Critics; Further development; Werturteilsstreit; Ordnungsoekonomik;

    JEL classification:

    • A11 - General Economics and Teaching - - General Economics - - - Role of Economics; Role of Economists
    • A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values
    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rai:ethics:doi_10.1688/1862-0043_zfwu_2011_02_feld. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Rainer Hampp). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.