Encyclopedia of Law and Economics

Living Edition
| Editors: Alain Marciano, Giovanni Battista Ramello

Röpke, Wilhelm

Living reference work entry

Later version available View entry history

DOI: https://doi.org/10.1007/978-1-4614-7883-6_622-2

Abstract

The purpose of this entry is to delineate the political economy of Wilhelm Röpke. To reach this goal, a history of economics approach is harnessed. First, the entry concisely reconstructs Röpke’s life, intellectual evolution, and heritage. Second, it presents the specificities of his perspective on economic embeddedness focused on the stability of social order and on the role of informal institutions as indispensable stabilizers of this order.

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Copyright information

© Springer Science+Business Media LLC 2017

Authors and Affiliations

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