Ordoliberalism and European Economic Policy

Malte Dold is an assistant professor in the Economics Department at Pomona College in California. Previously, he spent two years as a postdoctoral fellow at New York University. He holds a master’s degree in philosophy and economics from the University of Bayreuth, and received his PhD in economics from the University of Freiburg. His research lies at the intersection of behavioral economics, welfare economics, and political economy. In particular, his research looks at normative and methodological issues in behavioral economics and the historical interdependencies between Austrian and ordoliberal economic thought. Tim Krieger is the Wilfried Guth Professor of Constitutional Political Economy and Competition Policy at University of Freiburg. He holds a master’s degree in economics from the University of Kiel, and received his PhD in economics from the University of Munich. He worked as an assistant and interim professor at the universities of Mainz, Marburg, and Paderborn. His research focuses on economic, social, and education policies in aging and globalizing societies with a special focus national and supranational institutions. In addition, he specializes in the economics of conflict, terrorism, and crime.

Part I: Introduction



Foreword Wolfgang Schäuble



1. Introduction Malte Dold and Tim Krieger

Part II: The Historical and Contemporaneous Roots of Ordoliberalism



2. Ordoliberalism’s Embeddedness in the Neoliberalisms of the 1930s and 1940s Stefan Kolev



3. Ordoliberalism and Democracy - How the Interwar Period Changed the Agenda of German Liberalism Gerhard Wegner



4. Ordoliberalism, Social Catholicism, and West Germany’s Social Market Economy, 1949-1976 Volker Berghahn



5. The Protestant Roots of Ordoliberalism and the Re-emergence of the North-South Conflict Josef Hien



6. Ordoliberalism and the Cross-National Disciplinary Revolution in Liberalism Kenneth Dyson



7. Ordoliberalism from the Perspective of a U.S.-trained Macroeconomist Rüdiger Bachmann



8. The Interdependency of Law and Economics in Ordoliberal Theory and EU Law Heike Schweitzer

Part III: Ordoliberal Explanations of the Eurozone Crisis



9. The Commitment Problem and the Euro Crisis Johannes Becker and Clemens Fuest



10. Is Ordoliberalism Institutionally Useful for the EU? Wolf Schäfer



11. Ordo, Macro and the Euro: Germany in the Dock Oliver Landmann



12. The Deutsche Mark and the Euro: Prerequisites for a Stable Currency Otmar Issing



13. Ten Commandments to Overcome the Eurozone’s Many Crises Norbert Berthold

Part IV: Advancements of the Ordoliberal Framework after the Crisis



14. The Eurocrisis and Ordoliberalism: Towards a More Perfect Market of Jurisdictions in the Eurozone? Thomas Biebricher



15. Ordoliberalism and the Future of European Integration Michael Wohlgemuth



16. The Normative Legacy of Walter Eucken and Beyond: EU Cohesion Policy as a Fundament of a European Social Market Economy Julian Dörr, Nils Goldschmidt and Alexander Lenger



17. The Enigma of German Ordoliberalism: Is There a Future for a European Social Market Economy? Brigitte Young



18. New Ordoliberalism and the Euro-Dividend Bernhard Neumärker



19. The Future of German Ordoliberalism Lars P. Feld and Ekkehard A. Köhler



20. Ordoliberalism and Beyond: Economic Liberalism for the 21st Century Tim Krieger and Malte Dold