AN ORDOLIBERAL CONCEPT OF ECONOMIC POLICY

• Authors: Pysz P.
• Languages of publication: PL

Abstracts

EN

This article discusses basic aspects of ordoliberal doctrine, an original German concept of liberalism. The author presents basic ordoliberal ideas. He outlines the ideas of the founders of the school, mainly Walter Eucken and Ludwig Erhard. The original element of the ordoliberal thought is the concept of social market economy. It is based on the assumption that free market can be the basis for stable social order ensuring the fulfillment of common needs. Ordoliberalism is an economic doctrine that may be used as the basis of economic policy. The author argues that the countries whose political system is undergoing transformation should especially make use of the past experience of the implemention of this idea by Ludwig Erhard in post-war Germany.

Keywords

EN

ORDOLIBERALISM; SOCIAL MARKET ECONOMY

Discipline

• ECONOMICS: ECONOMICS

• Journal: Optimum. Studia Ekonomiczne
• Year: 2007
• Issue: 4(36)
• Pages: 37-58
• Document type: ARTICLE

Contributors

author

Pysz P.

• P. Pysz, Wyzsza Szkola Finansów i Zarzadzania w Bialymstoku, ul. Ciepla 40, 15-472 Bialystok, Poland

Identifiers

CEJSH db identifier

07PLAAAA03296794