The financial crisis in Europe has resulted in a new assessment of monetary and financial integration both in Europe and in Asia. Before the current crisis, regional integration in monetary and fiscal affairs including mechanisms to stabilize exchange rates enjoyed a lot of academic and...

The idea of an “economic constitution” was developed by a group of German economists and lawyers in the Weimar Republic which sought a “third - the ordo-liberal - way” between laissez-faire liberalism and socialist politics. Ordo-liberalism survived the Third Reich untainted. In the 50s,...