Walter Eucken
Walter Eucken (1891-1950) was a prominent German economist known for his influential work in the field of ordoliberalism, which emphasizes the importance of a stable economic order and the role of the state in establishing and maintaining the rules of the market. Eucken's ideas were foundational in shaping the principles of the social market economy in post-World War II Germany, advocating for free markets alongside strong regulatory frameworks to ensure fair competition and prevent monopolies. His work laid the groundwork for the economic policies that contributed to Germany's rapid recovery and growth during the Wirtschaftswunder (economic miracle) of the 1950s.
Born on Jan 17, 1891 (134 years old)
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Switzerland:
Walter Eucken was an economist whose ideas contributed to the economic policies that led to West Germany's recovery.
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Switzerland:
Walter Eucken was an economist whose ideas contributed to the economic policies that led to West Germany's recovery.
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Switzerland:
Walter Eucken is mentioned as a representative of ordnungspolitik who emphasized the value of general rules.
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