__notoc__ The Freiburg school (german: Freiburger Schule) is a school of

economic thought Economics () is the social science that studies the production, distribution, and consumption of goods and services. Economics focuses on the behaviour and interactions of economic agents and how economies work. Microeconomics analyzes w ...

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 university, public research university located in Freiburg im Breisg ...

. 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 econ ...

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 fa ...

' until Anglo-American scholars reappropriated the term.

Adherents

Franz Böhm Franz Böhm (16 February 1895, Konstanz – 26 September 1977, Rockenberg) was a German politician, lawyer, and economist. Early life Franz Böhm was born on 16 February 1895 in Konstanz. He moved along with his family in 1898 to Karlsruhe ...

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 Walter Eucken (; 17 January 1891 – 20 March 1950) was a German economist of the Freiburg school and father of ordoliberalism. He is closely linked with the development of the concept of "social market economy". Early life Walter Eucken was born ...

* 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 entreprene ...

Michael Hüther Michael Hüther (born 24 April 1962) is a German economist who currently serves as director of the Institut der deutschen Wirtschaft. He has previously been the chief economist of DekaBank. Hüther also is an honorary professor at the European ...

* * Friedrich A. Lutz * Karl-Friedrich Maier * * * *

Hans-Werner Sinn Hans-Werner Sinn (born 7 March 1948) is a German economist who served as President of the Ifo Institute for Economic Research from 1999 to 2016. He currently serves on the German economy ministry’s advisory council. He is Professor Emeritus ...

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, Istan ...

(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 school ...

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 econ ...

were not members of the Freiburg School but did provide, together with the Freiburg School, the foundations of ordoliberalism.

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

Adherents

See also

References

Sources

External links