Weizsäcker, C. Christian von - In: Zeitschrift für Wirtschaftspolitik 47 (1998) 3, pp. 257-288
Abstract A “Social Market Economy” in the spirit of Ludwig Erhard is quite different from the present day economy which I call the Status Quo Economy. The Social Market Economy is substantially more deregulated, has a much smaller social security system, and a higher rate of innovation. It...