F.A. Hayek and Ordoliberalism: A Comparative Study

18 Pages Posted: 9 Aug 2011

See all articles by Tolga Tuncer

Tolga Tuncer

Middle East Technical University (METU); University of Hamburg

Date Written: August 9, 2011


This work is a comparative study of two lines of thought in political economy which can be related to the German city of Freiburg. The Freiburg School which is also known as Ordoliberalism, constituted one of the foundations of the economic order in post-war West Germany. On the other hand, Nobel prize holder Austrian economist Friedrich August von Hayek, who spent a considerable part of his life in Freiburg, in University of Freiburg, strongly inspired the neo-liberal policies in the western world in the 80’s. In this work, we analyse the main differences and similarities of these two liberal lines of economic thought.

Keywords: Freiburg School, Hayek, Ordoliberalism, Constitutional Economics, Walter Eucken

JEL Classification: A11, B25, P51, P21

Suggested Citation

Tuncer, Tolga, F.A. Hayek and Ordoliberalism: A Comparative Study (August 9, 2011). Available at SSRN: https://ssrn.com/abstract=1907109 or http://dx.doi.org/10.2139/ssrn.1907109

Tolga Tuncer (Contact Author)

Middle East Technical University (METU) ( email )

06531 Ankara, Ankara
United States

University of Hamburg

Allende-Platz 1
Hamburg, GA 20146

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