The institutions of economic order in the light of ordoliberal economic policy
Journal Title: Zeszyty Naukowe Małopolskiej Wyższej Szkoły Ekonomicznej w Tarnowie - Year 2009, Vol 12, Issue 1
Abstract
The paper presents an approach to institutions elaborated by ordoliberal economists Eucken W. and Erhard L. based on the notion of competitive economic order. The consequence and coherence was there opposed to discrepancy of economic policy inducing fallacies and loss of wholeness when glancing at the economy. Therefore, the economic transformation ought not to be detached form the influence of the state in terms of constructing socio-economic order, and is thus inevitably built on constructionism as an approach highly imperfect though the most possible.
Authors and Affiliations
Renata Śliwa, Piotr Waląg
Keywords
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