Has Western Germany a liberal market economy?
PSL Quarterly Review
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Title |
Has Western Germany a liberal market economy?
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Creator |
MAIER, K.F.
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Subject |
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Post-war Germany, Western Germany, free market economy P10, P30 |
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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”.
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Publisher |
Economia civile
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Contributor |
—
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Date |
2014-09-21
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — |
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Format |
application/pdf
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Identifier |
http://annalidibotanica.uniroma1.it/index.php/PSLQuarterlyReview/article/view/12713
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Source |
PSL Quarterly Review; Vol 5, No 20 (1952)
PSL Quarterly Review; Vol 5, No 20 (1952) 2037-3643 ISSN 2037-3635 |
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Language |
eng
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Relation |
http://annalidibotanica.uniroma1.it/index.php/PSLQuarterlyReview/article/view/12713/12521
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Rights |
Copyright (c) 2016 K.F. MAIER
http://creativecommons.org/licenses/by-nc-nd/4.0 |
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