Abstract
In the following, two visions (Heilbroner and Milberg 1995) of science, economy and society, will be compared. First, Eucken’s concept of ordered competition and secondly the institutional approach of the historical school (HS). For reasons of space and the high quality of the existing secondary literature we shall neither give an overview of the ordoliberal or historical school(s) as such, their impact on economic policy and their precise history of thought background or specific embeddedness in German history and policy, nor shall we describe in detail all aspects of Eucken’s work (see the bibliography and references in Walter Eucken Institut (Ed.) 1992, pp. 125–137). Instead, we shall follow Eucken’s main contributions in a more chronological order and confront them with the programme of the HS in terms of method, ‘theory,’ and social and economic policy implications.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
