The growth of the democratic welfare state has been accompanied by significant restrictions on individual liberty, raising doubts about the sustainability of the ideals of liberalism in democratic polities. The principal claim of this paper is that, adequately understood, liberalism and...

The paper approaches the "market versus state" issue from the perspective of constitutional political economy, a research program that has been advanced as a principal alternative to traditional welfare economics and its perspective on the relation between market and state. Constitutional...

What has become known as the Freiburg School or the Ordo-liberal School was founded in the 1930s at the University of Freiburg in Germany by economist Walter Eucken (1891-1950) and two jurists, Franz Böhm (1895-1977) and Hans Großmann-Doerth (1894-1944). Freiburg University's "Fakultät für...

The methodological individualism and subjectivism of the Austrian tradition in economics is often associated with a methodological dualism, i.e. the claim that the nature of its subject matter, namely purposeful and intentional human action, requires economics to adopt a methodology that is...

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Die Unterscheidung zwischen grundlegenden Ordnungsprinzipien und real existierenden Ordnungsformen ist entscheidend, wenn es darum geht, die tatsächlichen Ursachen von Erscheinungen zu identifizieren, die Anlass für Unzufriedenheit bieten, und um die Richtung identifizieren zu können, in die...

Corporate Social Responsibility (CSR) has become not only a growing subject in business schools and in academic as well as public discourse more generally, the CSR-movement has grown into a major industry providing a profitable niche for a variety of non-profit organizations. The literature...