Record Details

Has Western Germany a liberal market economy?

PSL Quarterly Review

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Field Value
 
Title Has Western Germany a liberal market economy?
 
Creator MAIER, K.F.
 
Subject
Post-war Germany, Western Germany, free market economy
P10, P30
 
Description The article takes a definite stand in favour of an economic policy based on a free market and price mechanism, which the author considers the most appropriate type of “economic order” for the solution of the two major problems facing post-war Germany, namely the development of exports and capital formation. The steps in this direction started in 1948 - which account, in the author’s opinion, for the surprising revival experienced by production and exports - have been, however, halted half-way. Thus, the author concludes that “Western Germany does not have a free market economy but something half-way towards such an economy; and this half-way position is not liberal, and is not intended to be so. What it is intended to be is a social market economy, and what it is in danger of becoming is a centrally directed economy”. 
 
Publisher Economia civile
 
Contributor
 
Date 2014-09-21
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion

 
Format application/pdf
 
Identifier http://annalidibotanica.uniroma1.it/index.php/PSLQuarterlyReview/article/view/12713
 
Source PSL Quarterly Review; Vol 5, No 20 (1952)
PSL Quarterly Review; Vol 5, No 20 (1952)
2037-3643
ISSN 2037-3635
 
Language eng
 
Relation http://annalidibotanica.uniroma1.it/index.php/PSLQuarterlyReview/article/view/12713/12521
 
Rights Copyright (c) 2016 K.F. MAIER
http://creativecommons.org/licenses/by-nc-nd/4.0