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

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  • Lars P. Feld
  • Ekkehard A. Koehler

Abstract

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
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    Keywords

    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

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