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Eucken und von Hayek im Vergleich

Author

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  • Pies, Ingo

Abstract

Confronted with a controversial dispute between liberalism and socialism over values, both Eucken and von Hayek developed an economic approach for giving scientific advice favoring a market system. Having learned from their line of argumentation, the author shows how economic analyses of institutional incentives in situations involving social dilemmas may generate arguments in favor of win-win solutions which are in accordance with Max Weber's condition of 'Wertfreiheit' and thereby promote a democratic consensus on the appropriate rules for an economic and social order. (sewn paper, published in German)

Suggested Citation

  • Pies, Ingo, 2001. "Eucken und von Hayek im Vergleich," Untersuchungen zur Ordnungstheorie und Ordnungspolitik, Mohr Siebeck, Tübingen;Walter Eucken Institut, Freiburg, Germany, edition 1, volume 43, number urn:isbn:9783161476365, September.
    • Handle: RePEc:mhr:untord:urn:isbn:9783161476365
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