60 Jahrgänge Ordnungstheorie und Ordnungspolitik / Sixty volumes of ORDO

Willgerodt Hans

ORDO. Jahrbuch für die Ordnung von Wirtschaft und Gesellschaft, 2009, vol. 60, issue 1, 3-22

Abstract: The ORDO yearbook is still being published after sixty years. On this occasion the author reminds one of the general principles, to which the editors are committed, by resisting a centrally planned administration of the economy on the one side and a policy of unrestricted Laissez-faire on the other. The reform of the economic system in West Germany in 1948 against the international mainstream is taken as an example of the long lasting power of well-designed new ideas against the tide of shortsighted interests of all kinds. These include scientific trends, which deny or at least minimize the relevance of institutional foundations for the economy and try to destroy research and teaching in this field. Misunderstandings about methods used in economics are also treated, together with some special German tendencies to deny the importance not only of economic policy but also of political problems in general.

Date: 2009
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DOI: 10.1515/ordo-2009-0103

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