The current large current account imbalances in the Euro zone reflect persistent diverging trends between the core and the peripheral countries, which were paradoxically reinforced by the very same introduction of the Euro. The reduction in the credit spreads and the increase in capital flows...

Der bleibende Wert von Hayeks Kritik am Wieselwort ‚sozial‘ liegt darin, deutlich gemacht zu haben, dass individualethische Tugendvorstellungen kleiner Gemeinschaften nicht die strukturelle Gerechtigkeit moderner Gesellschaften garantieren koennen. In Abgrenzung zu Hayek und zu weiten Teilen...

This paper explores the origin and development of the consumer choice paradigm as the core concept of German ordoliberal thought which has had a strong impact on EU competition policy and law. Outside Germany, ordoliberal thought is often identified exclusively with the learning of the original...

Konzepte der Wirtschaftsdemokratie wurden in Deutschland in den 1920er Jahren intensiv, vor allem von Gewerkschaftern und einigen Sozialwissenschaftlern diskutiert. Diese Konzepte gingen auch in Rekonstruktionsperiode in Westdeutschland nach dem 2. Weltkrieg ein. Dieser Artikel betrachtet eine...

William H Whyte’s concept of organization man is now used in bowdlerised form, shorn of its polemical core. It was an appeal against the situation of people in the big organiations taking shape after World War Two, belonging to the organization rather than simply working for it, earning...

In recent times, the question about the proper essence of a Christian economic ethics has rarely been asked explicitly. However, the concept of a post-secular society, as presented by Juergen Habermas, offers renewed access. The necessary foundation for this approach involves the relationship...

Konzepte der Wirtschaftsdemokratie wurden in Deutschland in den 1920er Jahren intensiv, vor allem von Gewerkschaftern und einigen Sozialwissenschaftlern diskutiert. Diese Konzepte gingen auch in Rekonstruktionsperiode in Westdeutschland nach dem 2. Weltkrieg ein. Dieser Artikel betrachtet eine...

Michel Foucault's lectures at the Collège de France in 1978-1979 centered on the analysis of power with regard to liberalism. Foucault especially focused on German ordoliberalism and its specific governmentality. Although Foucault's review of the ordoliberal texts, programs, and books is very...

After the fall of state socialism about two decades ago, democracy and market economies were assumed to diffuse worldwide. However, the American financial crisis of 2008, leading to a worldwide economic crisis caused increasing criticism of capitalism. As laissez-faire capitalism, Keynesianism...