Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/324924 
Authors: 
Year of Publication: 
2022
Citation: 
[Journal:] Journal of Contextual Economics – Schmollers Jahrbuch [ISSN:] 2568-762X [Volume:] 142 [Issue:] 3 [Year:] 2022 [Pages:] 317-336
Publisher: 
Duncker & Humblot, Berlin
Abstract: 
This article pursues two goals. First, to reflect on how <italic>historical Ordnungsökonomik</italic> (Economics of Order) illuminates the politico-economic crises in today's Western democracies via the increasing parallels to the fragilities and fractures of the 1930s. Second, based on these historical inspirations, to come closer to a <italic>modern Ordnungsökonomik</italic> targeted specifically at today's crises. The three-step approach consists of an anamnesis ("crisis burger"), a diagnosis ("anxiety from over-dynamics"), and a therapy ("fixed points towards order security"). Thus the article revisits the role of liberal political economists as order guardians amid what I call superfragility, a context in which citizens radically lose trust and unsubscribe from the order, making the trust-enhancing role of liberal political economists existential for the order's future.
Subjects: 
Trust
Fragility
Resilience
Economic Sociology
Ordoliberalism
JEL: 
B25
H11
F60
P16
Z13
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.