The global economic crisis and the crisis in the euro zone exposed the deep differences of opinion between German economists and scientists from Anglo-Saxon countries. The German approach conceptually differs in the views on the strategies and tools of anti-crisis policy, especially fiscal...

The study is devoted to the ordoliberal concepts of economic order based on competition. Firstly the historical background of ordoliberal economic thought is sketched and the views of the most important authors on mechanism of competition and its institutional foundations are introduced. Next...

The paper attempts to juxtapose the views of Walter Eucken and Friedrich August von Hayek on economic order and to compare their approaches with the research perspective of the new institutional economics. Considerations tend to justify the thesis of the high degree of complementarity of the...