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Political Failure by Agreement

Author

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  • Gerhard Wegner

Abstract

The purpose of this book is to reconsider economic liberalism from the viewpoint of political liberalism. The author argues that advocates of economic liberalism largely overlook empirical political preferences which, in many societies, go far beyond a limited role of the state. Recent difficulties of reforming the welfare state provide evidence that political preferences are at odds with liberal economic policy in numerous cases. This fact challenges a political conception which demands a limited state role but also claims that citizens’ preferences ‘as they are’ should determine the content of policies. Using an evolutionary perspective on economic liberalism, the book develops new arguments about how economic liberalism can be brought into line with political liberalism.

Individual chapters are listed in the "Chapters" tab

Suggested Citation

  • Gerhard Wegner, 2008. "Political Failure by Agreement," Books, Edward Elgar Publishing, number 13011.
  • Handle: RePEc:elg:eebook:13011
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    Citations

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    Cited by:

    1. Kolev, Stefan, 2021. "When liberty presupposes order: F. A. Hayek's learning ordoliberalism," Freiburg Discussion Papers on Constitutional Economics 21/2, Walter Eucken Institut e.V..
    2. Wegner, Gerhard, 2013. "Capitalist transformation without political participation: German capitalism in the first half of the 19th century," Freiburg Discussion Papers on Constitutional Economics 13/14, Walter Eucken Institut e.V..
    3. Michael Wohlgemuth, 2011. "Is there a Paradox of a Hayekian Paternalist?," Papers on Economics and Evolution 2011-22, Philipps University Marburg, Department of Geography.
    4. Gerhard Wegner, 2015. "Capitalist transformation without political participation: German capitalism in the first half of the nineteenth century," Constitutional Political Economy, Springer, vol. 26(1), pages 61-86, March.
    5. Feld, Lars P. & Nientiedt, Daniel, 2022. "Hayekian economic policy," Journal of Economic Behavior & Organization, Elsevier, vol. 204(C), pages 457-465.
    6. Kolev Stefan & Goldschmidt Nils, 2018. "Neoliberalism as the Ideology of Depolitization? Eucken and Hayek Reconsidered: Comments on the books by Jakob Friedrich Scherer and Clemens Reichhold," ORDO. Jahrbuch für die Ordnung von Wirtschaft und Gesellschaft, De Gruyter, vol. 69(1), pages 518-522, July.
    7. Richard E. Wagner, 2012. "Deficits, Debt, and Democracy," Books, Edward Elgar Publishing, number 14477.

    Book Chapters

    The following chapters of this book are listed in IDEAS

    More about this item

    Keywords

    Economics and Finance; Politics and Public Policy Social Policy and Sociology;

    JEL classification:

    • D6 - Microeconomics - - Welfare Economics
    • I3 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty

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