"Before industrialization, traditional communities - families, local neighborhoods, and religious groups - were meant to safeguard their members from risks like poverty. As the transition into industrialization produced new risks or generalized previously limited risks, this fallback system...

Ökonomen neigen dazu, Wohlstand in erster Linie anhand von ökonomischen Kennziffern, so z. B. dem Pro-Kopf-Bruttoinlandsprodukt oder dem Lohn je Arbeitnehmer zu messen. Eine umfassendere Herangehensweise ist die Analyse der Lebenszufriedenheit, welche neben ökonomischen auch...

"Before industrialization, traditional communities - families, local neighborhoods, and religious groups - were meant to safeguard their members from risks like poverty. As the transition into industrialization produced new risks or generalized previously limited risks, this fallback system...

This is the first German language collection of essays by Viktor J. Vanberg, one of the most important advocates of modern constitutional economics. The essays deal with fundamental theoretical and normative issues of economic and political order. (Published in German.)