Was Wilhelm Röpke Really a Proto-Keynesian?

Raphaël Fèvre ()
Additional contact information
Raphaël Fèvre: University of Lausanne

A chapter in Wilhelm Röpke (1899–1966), 2018, pp 109-120 from Springer

Abstract: Abstract Fèvre examines the difficulties of the commonly encountered qualification that Wilhelm Röpke’s early work is “proto-Keynesian.” By focusing on his 1936 Crises and Cycles and previous publications, Fèvre shows that Röpke attempted a synthesis by drawing upon various inspirations in business cycle theory. The major impulses stemmed from J.M. Keynes, with concepts from the period before his General Theory, and F.A. Hayek, both of whom in Fèvre’s assessment were equally important for Röpke regarding different phases of the business cycle. Röpke’s innovative approach to the secondary depression and “liberal interventionism” as a possible solution for this depression type receive further attention. Moreover, Röpke’s political insights from the same publications help to understand why Röpke’s latest works were characterized by such a virulent anti-Keynesianism.

Keywords: Business Cycle Theory; Secondary Depression; Liberal Interventionism; Keynes; Secondary Crisis (search for similar items in EconPapers)
Date: 2018
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:euhchp:978-3-319-68357-7_7

Ordering information: This item can be ordered from
http://www.springer.com/9783319683577

DOI: 10.1007/978-3-319-68357-7_7

Access Statistics for this chapter

More chapters in The European Heritage in Economics and the Social Sciences from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().