__notoc__
The Freiburg school (german: Freiburger Schule) is a school of
economic thought founded in the 1930s at the
University of Freiburg
The University of Freiburg (colloquially german: Uni Freiburg), officially the Albert Ludwig University of Freiburg (german: Albert-Ludwigs-Universität Freiburg), is a public research university located in Freiburg im Breisgau, Baden-Württemb ...
.
It builds somewhat on the earlier
historical school of economics
The historical school of economics was an approach to academic economics and to public administration that emerged in the 19th century in Germany, and held sway there until well into the 20th century. The professors involved compiled massive eco ...
but stresses that only some forms of competition are good, while others may require oversight. This is considered a lawful and legitimate role of government in a democracy in the Freiburg School.
The School provided the economic theoretical elements of
ordoliberalism
Ordoliberalism is the German variant of economic liberalism that emphasizes the need for government to ensure that the free market produces results close to its theoretical potential but does not advocate for a welfare state.
Ordoliberal ideals ...
and the
social market economy
The social market economy (SOME; german: soziale Marktwirtschaft), also called Rhine capitalism, Rhine-Alpine capitalism, the Rhenish model, and social capitalism, is a socioeconomic model combining a free-market capitalist economic system alon ...
in post-war Germany.
The Freiburg school of economics was called '
neoliberalism
Neoliberalism (also neo-liberalism) is a term used to signify the late 20th century political reappearance of 19th-century ideas associated with free-market capitalism after it fell into decline following the Second World War. A prominent f ...
' until Anglo-American scholars reappropriated the term.
Adherents
*
Franz Böhm[Blumenberg-Lampe, Christine (2004). "Franz Böhm." Christliche Demokraten gegen Hitler: Aus Verfolgung und Widerstand zur Union. Ed. Buchstab, Günter; Kaff, Brigitte; Kleinmann, Hans-Otto. Freiburg, Germany: Herder, 2004. 108. Print.]
*
Juergen B. Donges
*
Ludwig Erhard
Ludwig Wilhelm Erhard (; 4 February 1897 – 5 May 1977) was a German politician affiliated with the Christian Democratic Union (CDU), and chancellor of West Germany from 1963 until 1966. He is known for leading the West German postwar economic ...
*
Walter Eucken
*
Edith Eucken-Erdsiek
*
Andreas Freytag
*
*
*
Paul Hensel
Paul Hugo Wilhelm Hensel (17 May 1860, Groß-Barthen near Königsberg – 11 November 1930, Erlangen) was a German philosopher.
Biography
Hensel was born in Groß-Barten near Königsberg, Prussia. He was the son of the landowner and entrep ...
*
Michael Hüther
*
*
Friedrich A. Lutz
Friedrich August Lutz (29 December 1901, Sarrebourg; 4 October 1975, Zürich) was a German economist who developed the expectations hypothesis.''Credit for devising the theory is normally accorded to Friedrich Lutz (1940), though others, particu ...
*
Karl-Friedrich Maier
*
*
*
*
Hans-Werner Sinn
Wilhelm Röpke
Wilhelm Röpke (October 10, 1899 – February 12, 1966) was a German economist and social critic, best known as one of the spiritual fathers of the social market economy. A Professor of Economics, first in Jena, then in Graz, Marburg, Is ...
(from
Austrian School
The Austrian School is a heterodox school of economic thought that advocates strict adherence to methodological individualism, the concept that social phenomena result exclusively from the motivations and actions of individuals. Austrian scho ...
),
Alfred Müller-Armack
Alfred Müller-Armack (28 June 1901 – 16 March 1978) was a German economist and politician. He coined the term " social market economy" in 1946.
Müller-Armack was professor of economics at University of Münster and University of Cologne. H ...
and
Alexander Rüstow
Alexander Rüstow (8 April 1885 – 30 June 1963) was a German sociologist and economist. In 1938 he originated the term neoliberalism at the Colloque Walter Lippmann. He was one of the fathers of the " Social Market Economy" that shaped the eco ...
were not members of the Freiburg School but did provide, together with the Freiburg School, the foundations of ordoliberalism.
See also
*
Freiburg Circles The Freiburg Circles were a school of economic thought founded in the 1930s in Germany.
History
The Circles subsumed three initially religiously motivated working groups whose memberships overlapped, namely the ''Freiburger Konzil'', the '' Bonhoe ...
*
ORDO (journal)
(English: ''The Ordo Yearbook of Economic and Social Order'', most commonly referred to as ''Ordo Yearbook'', or simply as ''ORDO'') is a peer-reviewed academic journal established in 1948 by German economists Walter Eucken and Franz Böhm. The ...
*
Social market economy
The social market economy (SOME; german: soziale Marktwirtschaft), also called Rhine capitalism, Rhine-Alpine capitalism, the Rhenish model, and social capitalism, is a socioeconomic model combining a free-market capitalist economic system alon ...
*
Historical school of economics
The historical school of economics was an approach to academic economics and to public administration that emerged in the 19th century in Germany, and held sway there until well into the 20th century. The professors involved compiled massive eco ...
References
Sources
* p. 315.
*
Gabler Verlag (Herausgeber), Gabler Wirtschaftslexikon, Stichwort: Freiburger Schule
online
*
External links
EconStor: The Freiburg School: Walter Eucken and Ordoliberalism
Economic history of Germany
{{econ-hist-stub