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, there is no uniqueness in network structures. There is a random part in network evolution driven by generic mechanisms. A … expectable patterns of network evolution. Moreover, it is tried to align the generic part of the story to the operant level where …
Persistent link: https://www.econbiz.de/10003857887
-- Origins of Money ; Evolution of Financial System ; Substantivist Methodology ; Comparative History ; Nature of Money …
Persistent link: https://www.econbiz.de/10009530288
In the history of economic thought Walter Eucken is mostly known for his impact in establishing the Social Market Economy in post-war Germany. Even though there is a growing interest in his ideas especially from an Austrian and a Constitutional Economics perspective, his influence on the...
Persistent link: https://www.econbiz.de/10010234020
metallist theories of money. It will be shown that the origins and the evolution of money were closely intertwined with the rise …
Persistent link: https://www.econbiz.de/10010477576
This paper provides, after a contextualizing introduction, the first-time translation of Walter Eucken’s presentation during the first session of the founding meeting of the Mont Pèlerin Society, April 1-10, 1947. Eucken was the only scholar based in Germany to attend the conference and took...
Persistent link: https://www.econbiz.de/10013164738
Should economic policy be guided by rules? In this paper, we take the perspective of the Freiburg School and trace its argument for rule-based Ordnungspolitik back to the roots of the concept. In doing so, will not offer a comprehensive review of the literature, but argue closely along the works...
Persistent link: https://www.econbiz.de/10012511811
even to constitute a liberal order. This seminal tension, between an evolutionary strand and a designing strand in Hayek … evolution, does not clash with Hayek's defense of liberalism, but allow for a better understanding of it. My analysis puts … whiggish liberalism defending the slow piecemeal evolution of social norms and institutions. I thus defend that Hayek provides …
Persistent link: https://www.econbiz.de/10012515205
Austrian economist Ludwig Mises’s central role in the socialist calculation debates has been consensually acknowledged since the early 1920s. Yet, only recently, Nemeth, O’Neill, Uebel, and others have drawn particular attention to Mises’s pertinent encounter with one of the most colorful...
Persistent link: https://www.econbiz.de/10012607642
There is something extreme about Mises' apriorism, namely, his epistemological justification of the a priori element …
Persistent link: https://www.econbiz.de/10011606989
In recent years, commentators have noticed that the European liberal order is 'under attack'. Traditional parties of the center are in decline. Populist movements of the right and the left have won elections or significant shares in parliaments. In the face of this 'new' crisis of liberalism,...
Persistent link: https://www.econbiz.de/10012111612