Fuchs-Goldschmidt, Inga; Goldschmidt, Nils - In: Zeitschrift für Wirtschaftspolitik 59 (2010) 1, pp. 62-76
Abstract Following the logic of constitutional economics a market economy is not legitimized by its efficiency, but by the agreement of individuals on a specific economic and political order. Consequently, it is plausible that individuals will agree on such orders, which guarantee to a large...