Encyclopedia of Law and Economics

2019 Edition
| Editors: Alain Marciano, Giovanni Battista Ramello


  • Stefan KolevEmail author
Reference work entry
DOI: https://doi.org/10.1007/978-1-4614-7753-2_618


The purpose of this entry is to delineate the political economy of a group of authors related to ordoliberalism, the German variety of neoliberalism. To reach this goal, a history of economics approach is harnessed. First, the historical background around the time of its inception is presented. Second, an overview of the substantive core and of the heterogeneity across the different strands of ordoliberalism is reconstructed. Third, its historical impact on and current potential for political economy are evaluated. While this entry focuses on the general patterns of ordoliberal political economy, separate entries delineate the specificities in the research programs of Walter Eucken, Wilhelm Röpke, and Franz Böhm.

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Authors and Affiliations

  1. 1.Wilhelm Röpke Institute, Erfurt and University of Applied Sciences ZwickauZwickauGermany