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Feld, Lars P.
Köhler, Ekkehard A.
Nientiedt, Daniel
Year of Publication: 
Series/Report no.: 
Freiburger Diskussionspapiere zur Ordnungsökonomik No. 21/05
[Introduction] Contrary to its usage in current political discourse, the term neoliberalism originally referred to those schools of economic thought that opposed laissez-faire liberalism and wanted to assign a more active role to the state. Faced with the economic turmoil of the late 19th and early 20th century - including the poverty of the working class, concentrations of power in the hand of large corporations and multiple monetary and economic crises - neoliberals posited that the government should intervene in private markets in order to uphold competition. [...]
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Working Paper

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