The ordnungspolitik of the new institutional economics

Although the German historical school and American institutionalism are the main antecedents of the new institutional economics, other schools –such as German Ordoliberalism– also exerted a possible influence in the new institutionalism. This article explores the common points between the two school...

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Detalles Bibliográficos
Autores: San Emeterio Martín, María Nieves, Ojeda VR, Di Capua, Giuseppina
Tipo de recurso: artículo
Fecha de publicación:2021
País:España
Institución:Universidad Rey Juan Carlos
Repositorio:BURJC-Digital. Repositorio Institucional de la Universidad Rey Juan Carlos
OAI Identifier:oai:burjcdigital.urjc.es:10115/117778
Acceso en línea:https://hdl.handle.net/10115/117778
https://doi.org/10.18601/01245996.v23n45.06
Access Level:acceso abierto
Palabra clave:Ciencias sociales
Economia
Economics, econometrics and finance (all)
Economics, econometrics and finance (miscellaneous)
General economics,econometrics and finance
Freiburg school
New institutional economics
Ordnungspolitik
State
Walter eucken
Descripción
Sumario:Although the German historical school and American institutionalism are the main antecedents of the new institutional economics, other schools –such as German Ordoliberalism– also exerted a possible influence in the new institutionalism. This article explores the common points between the two schools, based on the work of Walter Eucken, whose economic policy proposal coincides, although with certain nuances, with that of the founders of the NEI –Coase, North and Williamson–in the need for a State that establishes an order based on a structure of rules and institutions that allows the proper functioning of the competitive market, as well as the multidisciplinary nature of its studies, the rejection of monopolies and interest groups that control the State and the role of the firm as a planning body that rivals the State. © 2021, Universidad Externado de Colombia. All rights reserved.