The authors pick up the current discussion on taxation policy and tax competition. They provide a readily comprehensible description of tax competition phenomenon as well as a clear normative discussion of suitable and unsuitable forms of this competition. In doing so, they devise a system of...

In view of increasing globalization, today more than ever we are confronted with the question of whether the state is permitted to protect domestic companies from foreign-owned competition or if it should abstain from any form of protection. Lüder Gerken develops a basic ordoliberal theory of...

Born in Jena in 1891, Walter Eucken was professor of economics in Freiburg im Breisgau from 1927 to 1950. As one of the founders of the Freiburg School and the architect of the thoretical framework for the social market economy, he had a substantial influence on German economic policy after...