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The Public Sector in a Market Economy

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Germany’s Social Market Economy: Origins and Evolution

Part of the book series: Trade Policy Research Centre ((TPRC))

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Abstract

Rarely has a prophecy been more completely fulfilled in economic and social life than Adolph Wagner’s thesis concerning the growth of state activity. The increase in the volume of spending and the corresponding growth in financial provision originates from a quantitative and qualitative expansion in the tasks of the public sector.

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Notes and References

  1. Walter Eucken, Die Grundlagen der Nationalökonomie, 6th edn (Berlin, Göttingen and Heidelberg: Springer, 1950).

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  2. Norbert Kloten, ‘Zur Typenlehre der Wirtschafts- und Gesellschafts-ordnungen’, in Ordo, Vol. 7, 1955, p. 123 et seq.

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  3. Arthur Cecil Pigou, A Study in Public Finance, 3rd edn (London: Macmillan, 1947).

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  4. Wilhelm Bickel, ‘Finanzwissenschaft und Statistik’, in Wilhelm Gerloff and Fritz Neumark, Handbuch der Finanzwissenschaft, Vol. 1, 2nd edn (Tübingen, J. C. B. Mohr [Paul Siebeck], 1952) p. 148.

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Authors
  1. Kurt Schmidt
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Editor information

Editors and Affiliations

  1. David Hume Institute, Edinburgh, UK

    Alan Peacock (Executive Director and Research Professor in Public Finance) (Executive Director and Research Professor in Public Finance)

  2. Esmée Fairbairn Research Centre, Heriot-Watt University, UK

    Alan Peacock (Executive Director and Research Professor in Public Finance) (Executive Director and Research Professor in Public Finance)

  3. Institute for Economic Policy, University of Cologne, Germany

    Hans Willgerodt (Professor of Economics, and co-Director) (Professor of Economics, and co-Director)

Copyright information

© 1989 Trade Policy Research Centre

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Schmidt, K. (1989). The Public Sector in a Market Economy. In: Peacock, A., Willgerodt, H. (eds) Germany’s Social Market Economy: Origins and Evolution. Trade Policy Research Centre. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-20145-7_13

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