Zwischen Historismus und Neoklassik: Alexander Rüstow und die Krise in der deutschen Volkswirtschaftslehre / Between Historical School and Neoclassical Economics: Alexander Rüstow and the Crisis in German Economics

Janssen Hauke

ORDO. Jahrbuch für die Ordnung von Wirtschaft und Gesellschaft, 2009, vol. 60, issue 1, 101-118

Abstract: The crisis in German economics after the First World War led to the attempt, initiated by Alexander Rüstow in 1926, to unify all the German economic theorists in a ‘closed front’ against the Historical School. The so called „Ricardians” should be ready to attack, as Rüstow wrote to Walter Eucken in 1927, the „ruins of the Historical School”. This development, in which we see the first blossoming of later Ordoliberalism, was neglected for a long time and its significance in the history of German economic thought not appreciated. Our paper based on an evaluation of the correspondence of Rüstow with his later emigrated socialist friends Adolf Löwe (in US known as Adolph Lowe) and Eduard Heimann on the one side and his liberal companions Walter Eucken and Wilhelm Röpke on the other side.

Date: 2009
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DOI: 10.1515/ordo-2009-0107

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