IDEAS home Printed from https://ideas.repec.org/a/psl/moneta/201945.html
   My bibliography  Save this article

I fondamenti morali dell'economia di mercato. La pedagogia economica di Luigi Einaudi e Ludwig Erhard (On the moral foundations of the market economy. The economic pedagogy of Luigi Einaudi and Ludwig Erhard)

Author

Listed:
  • Giovanni Farese

    (Università Europea di Roma)

Abstract

Ludwig Erhard, nell'ambito di una più ampia discussione su contenuti, usi e abusi, dell'economia sociale di mercato. Più che su specifici indirizzi di politica economica, in gran parte condivisi, Einaudi ed Erhard convergono nel mettere in luce l'importanza dell'acquisizione della cultura mediante l'istruzione, la formazione del carattere, l'esercizio della virtù, la pratica della libertà come imprescindibili fondamenti morali dell'economia di mercato. Dunque economia morale (non sociale) di mercato. Ci si chiede, in conclusione, se sia possibile condividere questi fondamenti senza necessariamente aderire alle ricette dell'economia sociale di mercato. The paper illustrates the convergence of ideas between Luigi Einaudi's and Ludwig Erhard's liberalisms, in the context of a wider discussion on the meaning, the uses and misuses, of social market economy. Beside shared views on policy issues, they both stress the importance of the acquisition of culture through education, the formation of indvidual character, the practice of freedom and of virtue as fundamental moral underpinnings of the market economy. Therefore, a moral (not social) market economy. The point is whether one has to agree with the policies of the social market economy to support these values.

Suggested Citation

  • Giovanni Farese, 2019. "I fondamenti morali dell'economia di mercato. La pedagogia economica di Luigi Einaudi e Ludwig Erhard (On the moral foundations of the market economy. The economic pedagogy of Luigi Einaudi and Ludwig," Moneta e Credito, Economia civile, vol. 72(288), pages 379-388.
  • Handle: RePEc:psl:moneta:2019:45
    as

    Download full text from publisher

    File URL: https://ojs.uniroma1.it/index.php/monetaecredito/article/view/16474/15916
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Eichengreen, Barry, 2016. "Hall of Mirrors: The Great Depression, the Great Recession, and the Uses-and Misuses-of History," OUP Catalogue, Oxford University Press, number 9780190621070.
    2. Harald Hagemann, 2013. "Germany after World War II: Ordoliberalism, the Social Market Economy and Keynesianism," HISTORY OF ECONOMIC THOUGHT AND POLICY, FrancoAngeli Editore, vol. 2013(1), pages 37-51.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Fritz Breuss, 2016. "The Crisis Management of the ECB," WIFO Working Papers 507, WIFO.
    2. Goodhart, C. A. E. & Masciandaro, Donato & Ugolini, Stefano, 2021. "Pandemic recession, helicopter money and central banking: Venice, 1630," LSE Research Online Documents on Economics 108555, London School of Economics and Political Science, LSE Library.
    3. Sarah Binder, 2020. "How we (should?) study Congress and history," Public Choice, Springer, vol. 185(3), pages 415-427, December.
    4. Stefano Micossi, 2015. "The Monetary Policy of the European Central Bank (2002-2015)," Bruges European Economic Policy Briefings 35, European Economic Studies Department, College of Europe.
    5. Paqué Karl-Heinz, 2015. "Die Rückkehr der Ideologien: Anmerkungen zur akademischen Kritik an der Politik aus Anlass von Barry Eichengreens Buch „Hall of Mirrors“," Perspektiven der Wirtschaftspolitik, De Gruyter, vol. 16(3), pages 302-321, October.
    6. Kolliopoulos, Athanasios, 2021. "Reforming the Greek financial system: a decade of failure," LSE Research Online Documents on Economics 108523, London School of Economics and Political Science, LSE Library.
    7. Duca, John V., 2017. "The Great Depression versus the Great Recession in the U.S.: How fiscal, monetary, and financial polices compare," Journal of Economic Dynamics and Control, Elsevier, vol. 81(C), pages 50-64.
    8. Ulrich Heilemann & Susanne Schnorr-Bäcker, 2016. "Could The Start Of The German Recession 2008-2009 Have Been Foreseen? Evidence From Real-Time Data," Working Papers 2016-003, The George Washington University, Department of Economics, H. O. Stekler Research Program on Forecasting.
    9. Krieger, Tim & Nientiedt, Daniel, 2022. "The renaissance of ordoliberalism in the 1970s and 1980s," Discussion Paper Series 2022-05, University of Freiburg, Wilfried Guth Endowed Chair for Constitutional Political Economy and Competition Policy.
    10. Jakob Kapeller & Claudius Graebner & Philipp Heimberger, 2019. "Economic Polarisation in Europe: Causes and Policy Options," ICAE Working Papers 99, Johannes Kepler University, Institute for Comprehensive Analysis of the Economy.
    11. Amin Samman, 2015. "Crisis theory and the historical imagination," Review of International Political Economy, Taylor & Francis Journals, vol. 22(5), pages 966-995, October.
    12. Macher, Flora, 2018. "The Austrian banking crisis of 1931: one bad apple spoils the whole bunch," Economic History Working Papers 87151, London School of Economics and Political Science, Department of Economic History.
    13. Micossi, Stefano, 2015. "The Monetary Policy of the European Central Bank (2002-2015)," CEPS Papers 10610, Centre for European Policy Studies.
    14. Iwan J Azis, 2016. "Four-G Episode and the elevated risks," Asian-Pacific Economic Literature, The Crawford School, The Australian National University, vol. 30(2), pages 3-32, November.
    15. Japhta O. Maboko & Partson Paradza & Benita G. Zulch & Joseph A. Yacim, 2024. "Exploring the Effects of Interest Rates on the Residential Property Market: A Case Study of Weltevredenpark Suburb in Johannesburg," AfRES afres2024-017, African Real Estate Society (AfRES).
    16. Athanasios Orphanides, 2020. "The fiscal–monetary policy mix in the euro area: challenges at the zero lower bound," Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 35(103), pages 461-517.
    17. Maximilian Terhalle, 2019. "The 1970s and 2008: Theorizing Benchmark Dates for Today’s Decentred Global Order," International Studies, , vol. 56(1), pages 1-27, January.
    18. Basak Kus, 2020. "Relief, Recovery, Reform: A Retrospective on the US Policy Responses to the Great Recession," Intereconomics: Review of European Economic Policy, Springer;ZBW - Leibniz Information Centre for Economics;Centre for European Policy Studies (CEPS), vol. 55(4), pages 257-265, July.
    19. Giovanni Federico & Antonio Tena-Junguito, 2017. "A tale of two globalizations: gains from trade and openness 1800–2010," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 153(3), pages 601-626, August.
    20. Masciandaro, Donato & Goodhart, Charles & Ugolini, Stefano, 2021. "Pandemic recession and helicopter money: Venice, 1629–1631," Financial History Review, Cambridge University Press, vol. 28(3), pages 300-318, December.

    More about this item

    Keywords

    liberalism; moral values; social market economy;
    All these keywords.

    JEL classification:

    • A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values
    • B29 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Other
    • B31 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - Individuals

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:psl:moneta:2019:45. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Carlo D'Ippoliti (email available below). General contact details of provider: http://www.economiacivile.it .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.