"Soziale Marktwirtschaft" (Social Market Economy) is the economic order that was established in Western Germany after 1945. It is not a precisely outlined theoretical system but more a cipher for a "mélange" of socio-political ideas for a free and socially just society and some general rules of...

[Introduction ...] This paper tries to answer these questions taking five steps of argumentation. Firstly, the paper briefly sketches the theoretical and empirical background of the modern liberal market economy concept. Secondly, it outlines in more detail the basic ideas of the ordoliberal...

The paper analyses the effects of the monetary policy crisis management of the European Central Bank on the economic order of Germany. It is argued that in post-war Europe the German social market economy as designed by Eucken (1952) and Müller-Armack (1966) has been a core element of growth,...

Germany's system of economic and political governance strongly relies on group decision-making and consensus to solve economic issues. This approach relates to a wide spectrum of decisions, including the social partners with the trade unions and the employers' associations in wage formation, the...

Infrastructure is the economic growth theory of the market economy. The missing comprehensive approach to infrastructure corresponds to the practiced neglect of the long-term policy objective of economic growth in the economic order of the German social market economy since its creation after...

From the perspective of socio-economic development as a constituting element of interreligious Peace Education this paper explores the inspiration that may arise from the 'Gross National Happiness' dialogue towards a new understanding of 'Middle Way Economics'. Recent intentions to create an...