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Ordoliberalism, Law and the Rule of Economics

Ordoliberalism, Law and the Rule of Economics
Author: Josef Hien
Publisher: Bloomsbury Publishing
Total Pages: 568
Release: 2017-12-28
Genre: Law
ISBN: 1509919058

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Ordoliberalism is a theoretical and cultural tradition of significant societal and political impact in post-war Germany. For a long time the theory was only known outside Germany by a handful of experts, but ordoliberalism has now moved centre stage after the advent of the financial crisis, and has become widely perceived as the ideational source of Germany's crisis politics. In this collection, the contributors engage in a multi-faceted exploration of the conceptual history of ordoliberalism, the premises of its founding fathers in law and economics, its religious underpinnings, the debates over its theoretical assumptions and political commitments, and its formative vision of societal ordering based upon a synthesis of economic theories and legal concepts. The renewal of that vision through the ordoliberal conceptualisation of the European integration project, the challenges of the current European crisis, and the divergent perceptions of ordoliberalism within Germany and by its northern and southern EU neighbours, are a common concern of all these endeavours. They unfold interdisciplinary affinities and misunderstandings, cultural predispositions and prejudices, and political preferences and cleavages. By examining European traditions through the lens of ordoliberalism, the book illustrates the diversity of European economic cultures, and the difficulty of transnational political exchanges, in a time of European crisis.


Ordoliberalism

Ordoliberalism
Author: Ordoliberalism as an Irritating German Idea (Conference)
Publisher: Hart Publishing
Total Pages:
Release: 2018
Genre: Economic policy
ISBN: 9781509919079

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Introduction / Josef Hien & Christian Joerges -- Dirigisme and modernity v ordoliberalism / Bruno Amable -- Why and how has german ordoliberalism become a French issue? : some aspects about ordoliberal thoughts we can learn from the French reception / Arnaud Lechevalier -- Ordoliberalism's trans-Atlantic (un)intelligibility : from Friedman and Eucken to Geithner and Schäuble / William Callison -- The tepid reception of ordoliberalism in italy and present-day dissent / Stefano Solari -- Ordoliberalism as tradition and as ideology / Kenneth Dyson -- Ordoliberalism as a variety of neoliberalism / Thomas Biebricher -- Breaking the "caging" mentality : ordoliberalism, responsibility and solidarity in the EU / Maurizio Ferrera -- What is neoliberal in Germany's and Europe's crisis politics? / Brigitte Young -- The success story of ordoliberalism as the guiding principle of German economic policy / Stephan Pühringer -- Debunking the myth of the ordoliberal influence on post-war European integration / Angela Wigger -- The overburdening of law by ordoliberalism and the integration project / Christian Joerges -- Ordoliberal escape from societas economica : re-establishing the normative / Michelle Everson -- Ordoliberalism, polanyi, and the theodicy of markets / David Woodruff -- Ordoliberalism within and outside Germany's co-ordinated market economy / Albert Weale -- Competition or conflict? : beyond traditional ordoliberalism / Malte Dold & Tim Krieger -- Ordoliberalism and the quest for sacrality / Josef Hein -- Ordoliberalism and political theology : on the government of stateless money / Werner Bonefeld -- Policy between rules and discretion / Jonathan White -- How monetary rules and wage discretion get into conflict in the eurozone (and what "if anything" ordoliberalism has to do with it?) / Philip Manow


The Law of Political Economy

The Law of Political Economy
Author: Poul F. Kjaer
Publisher: Cambridge University Press
Total Pages: 423
Release: 2020-04-23
Genre: Law
ISBN: 1108493114

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"Political economy themes have - directly and indirectly - been a central concern of law and legal scholarship ever since political economy emerged as a concept in the early seventeenth century, a development which was re-inforced by the emergence of political economy as an independent area of scholarly enquiry in the eighteenth century, as developed by the French physiocrats. This is not surprising in so far as the core institutions of the economy and economic exchanges, such as property and contract, are legal institutions.In spite of this intrinsic link, political economy discourses and legal discourses dealing with political economy themes unfold in a largely separate manner. Indeed, this book is also a reflection of this, in so far as its core concern is how the law and legal scholarship conceive of and approach political economy issues"--


The Oxford Handbook of Ordoliberalism

The Oxford Handbook of Ordoliberalism
Author: Thomas Biebricher
Publisher: Oxford University Press
Total Pages: 593
Release: 2022-09-22
Genre: Political Science
ISBN: 0192605437

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Since the financial crisis of 2008, ordoliberalism emerged from relative obscurity to become one of the crucial terms of analysis across a wide range of academic literatures and public discussion. In fact, it became the main reference for a number of issues, including assessments of the attempted resolution of the Eurozone crisis, arguments about German hegemony in Europe, debates over the future of economic liberalism and controversies about authoritarian liberalism. What is striking about ordoliberalism is its pronounced ambiguity, as some view it as a more refined and potentially progressive variant of neoliberalism, while others cast it as a blueprint for a regime of austerity reigning over a society of competition with only rudimentary democratic institutions. And while ordoliberalism is often portrayed as a quintessentially German tradition, its impact has not been confined to the German context, extending all the way to the unlikely case of China. In short, ordoliberalism is a phenomenon of arguably considerable influence that remains poorly understood, as it is mystified by its proponents and vilified by its critics. The Oxford Handbook of Ordoliberalism contains a selection of chapters written by an international cast of experts on ordoliberalism that aim to elucidate and analyze the latter in all of its many facets. From the intellectual origins and prime exemplars to its main theoretical themes and practical applications up to the most recent debates taking place across a range of disciplines, this volume offers the first comprehensive account of ordoliberalism for the English-speaking world.


The Oxford Handbook of Austrian Economics

The Oxford Handbook of Austrian Economics
Author: Peter J. Boettke
Publisher:
Total Pages: 833
Release: 2015
Genre: Business & Economics
ISBN: 0199811768

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The Austrian School of Economics is an intellectual tradition in economics and political economy dating back to Carl Menger in the late-19th century. Menger stressed the subjective nature of value in the individual decision calculus. Individual choices are indeed made on the margin, but the evaluations of rank ordering of ends sought in the act of choice are subjective to individual chooser. For Menger, the economic calculus was about scarce means being deployed to pursue an individual's highest valued ends. The act of choice is guided by subjective assessments of the individual, and is open ended as the individual is constantly discovering what ends to pursue, and learning the most effective way to use the means available to satisfy those ends. This school of economic thinking spread outside of Austria to the rest of Europe and the United States in the early-20th century and continued to develop and gain followers, establishing itself as a major stream of heterodox economics. The Oxford Handbook of Austrian Economics provides an overview of this school and its theories. The various contributions discussed in this book all reflect a tension between the Austrian School's orthodox argumentative structure (rational choice and invisible hand) and its addressing of a heterodox problem situations (uncertainty, differential knowledge, ceaseless change). The Austrian economists from the founders to today seek to derive the invisible hand theorem from the rational choice postulate via institutional analysis in a persistent and consistent manner. Scholars and students working in the field of History of Economic Thought, those following heterodox approaches, and those both familiar with the Austrian School or looking to learn more will find much to learn in this comprehensive volume.


Law and Economics

Law and Economics
Author: Nicholas Mercuro
Publisher: Springer
Total Pages: 284
Release: 1989-01-31
Genre: Business & Economics
ISBN:

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The character of economic life] in a society is dependent upon, among 2 other things, its political-legal-economic institutional setting. Within that institutional structure, the individuals who comprise that society attempt to cooperate with one another to their mutual advantage so as to accommodate their joint utility-maximizing endeavors. In addition, these same individuals call upon certain societal institutions to adjust the con flicting claims of different individuals and groups. In this regard, a society is perceived as both a cooperative venture for mutual advantage where there are an identity of interests and, as well, an arena of conflict where there exists a mutual interdependence of conflicting claims or interests. The manner in which a society structures its political-legal-economic institutions 1) to enhance the scope of its cooperative endeavors and 2) to channel internal political-legal-economic conflicts toward resolution, shapes the character of economic life in that society. In contemplating the structure of its institutions intended to promote cooperation and channel conflict, a society confronts several issues. At the most general level an enduring issue is how a society both perceives and then ideologically transmits (perhaps teaches or rationalizes), inter nally and/or externally, its perceptions of so-called "cooperative en deavors" and "arenas of conflict." There can be no doubt that the resultant structure of a society's institutions will reflect that society's perception as to what cooperation entails and what conflict constitutes.


The Strong State and the Free Economy

The Strong State and the Free Economy
Author: Werner Bonefeld
Publisher: Rowman & Littlefield
Total Pages: 240
Release: 2017-05-09
Genre: Business & Economics
ISBN: 1783486295

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An investigation into the theoretical foundations of ordoliberal thought and its historical and theoretical contexts.


Authoritarian Neoliberalism

Authoritarian Neoliberalism
Author: Ian Bruff
Publisher: Routledge
Total Pages: 232
Release: 2020-06-09
Genre: Business & Economics
ISBN: 100071246X

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Authoritarian Neoliberalism explores how neoliberal forms of managing capitalism are challenging democratic governance at local, national and international levels. Identifying a spectrum of policies and practices that seek to reproduce neoliberalism and shield it from popular and democratic contestation, contributors provide original case studies that investigate the legal-administrative, social, coercive and corporate dimensions of authoritarian neoliberalism across the global North and South. They detail the crisis-ridden intertwinement of authoritarian statecraft and neoliberal reforms, and trace the transformation of key societal sites in capitalism (e.g. states, households, workplaces, urban spaces) through uneven yet cumulative processes of neoliberalization. Informed by innovative conceptual and methodological approaches, Authoritarian Neoliberalism uncovers how inequalities of power are produced and reproduced in capitalist societies, and highlights how alternatives to neoliberalism can be formulated and pursued. The book was originally published as a special issue of Globalizations.


Authoritarian Liberalism and the Transformation of Modern Europe

Authoritarian Liberalism and the Transformation of Modern Europe
Author: Michael A. Wilkinson
Publisher: Oxford University Press
Total Pages: 353
Release: 2021
Genre: Law
ISBN: 0198854757

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This book uses constitutional analysis and theory to explore the transformation of Europe from the post-war era until the Euro-crisis. Authoritarian liberalism has developed over these years and, as the book suggests, is now perhaps reaching its limit. This book uses history and theory to reveal the EU's journey and highlight future challenges.


Conservative Liberalism, Ordo-Liberalism, and the State

Conservative Liberalism, Ordo-Liberalism, and the State
Author: Kenneth Dyson
Publisher: Oxford University Press, USA
Total Pages: 582
Release: 2021-01-21
Genre: Political Science
ISBN: 0198854285

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The book examines the historical significance and contemporary relevance of a body of thought about rejuvenating liberalism that has tended to be neglected in the English-speaking world in favour of the rise of social liberalism.