Eucken und von Hayek im Vergleich, vol 43

Ingo Pies

in Untersuchungen zur Ordnungstheorie und Ordnungspolitik from Mohr Siebeck, Tübingen, Walter Eucken Institut, Freiburg, Germany

Abstract: Confronted with a controversial dispute between liberalism and socialism over values, both Eucken and von Hayek developed an economic approach for giving scientific advice favoring a market system. Having learned from their line of argumentation, the author shows how economic analyses of institutional incentives in situations involving social dilemmas may generate arguments in favor of win-win solutions which are in accordance with Max Weber's condition of 'Wertfreiheit' and thereby promote a democratic consensus on the appropriate rules for an economic and social order. (sewn paper, published in German)

Keywords: Eucken; Walter; Wirtschaftsordnung; Wirtschaftspolitik (search for similar items in EconPapers)
Date: 2001
Edition: 1
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Citations: View citations in EconPapers (30)

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