Abstract
In this short essay, Nietzsche’s basic thought on an economic order based on his anthropology — Nietzsche defines the human being as that animal which can give and keep promises — contains profound insights into the basic order of a market economy. The essay starts by quoting two essential sections from Nietzsche’s writings in his middle period and it connects this to a discussion of basic institutions of the market economy. It is hereby shown that Nietzsche, certainly not known as an economist, had profound insights into the basics of the workings of a market economy.
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Backhaus, J.G. (2006). The Word of Honour. In: Backhaus, J.G., Drechsler, W. (eds) Friedrich Nietzsche (1844–1900). The European Heritage in Economics and the Social Sciences, vol 3. Springer, Boston, MA . https://doi.org/10.1007/978-0-387-32980-2_5
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DOI: https://doi.org/10.1007/978-0-387-32980-2_5
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