ordoliberalism
Sign in to saveOrdoliberalism 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.
Wikidata facts
- Instance of
- economic ideology
- Subclass of
- liberalism
- Country of origin
- West Germany
- Said to be same as
- neoliberalism
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- theorized by
- Franz Böhm
Sources (1)
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Encyclopedic overview
9 sectionsContents
- Linguistic differentiation
- Development
- Implementation
- Theory
- Criticism
- See also
- References
- Further reading
- External links
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.
Ordoliberal ideals became the foundation of the creation of the post-World War II German social market economy and its attendant . The term "ordoliberalism" () was coined in 1950 by and refers to the academic journal ORDO.
Excerpted from Wikipedia’s “ordoliberalism” article, available under the CC BY-SA 4.0 licence.