Education
Eucken studied (1909-1913) in Kiel, Bonn and Jena history, political science, economics and law. He received a doctorate in Bonn in 1913. In 1921 Eucken wrote his habilitaion (post-doctoral lecturing qualification).
Eucken studied (1909-1913) in Kiel, Bonn and Jena history, political science, economics and law. He received a doctorate in Bonn in 1913. In 1921 Eucken wrote his habilitaion (post-doctoral lecturing qualification).
Co-founder with Franz Böhm of the Freiburg ordo-liberal school of economics. The state must solely create a proper legal environment for the economy and maintain a healthy level of competition through measures that follow market principles. thus, the paramount means by which economic policy can seek to improve the economy is by improving the institutional framework or ‘ordo.
His ideas form he basis of the economic policy of the Federal Republic of Germany to the present day.
The focus of work Eucken was the question of the relationship of power, oppression and poverty. Based on this analysis could be the framework for an economic system determined, which also allows maximum freedom and a rational management of the economy. He was convinced that the economic activity of the state should be directed toward the organization of economic system and not on the direction of economic processes. With this thesis Eucken is considered the founder of the order liberalism and one of the fathers of the social market economy.
The Walter Eucken Institut was founded four years after his death.
Kapitaltheoretische Untersuchungen [Capital Theoretical studies]
Die Ordnung der Wirtschaft und als Geschichtliche Aufgabe rechtsschöpferische Leistung, In: Franz Böhm, Walter Eucken and Hans Grossmann-Doerth , eds. Ordnung der Wirtschaft [Economic Order]
Nationalökonomie - wozu [Political economy - including]
Grundlagen der Nationalökonomie [Fundamentals of Political Economy]
Unser Zeitalter der Misserfolge. Fünf Vorträge zur Wirtschaftspolitik [Our era of failures. Five lectures on economic policy]
Grundsätze der Wirtschaftspolitik [Principles of Economic Policy]
Wettbewerb, Monopol und Unternehmer [Competition, monopoly and entrepreneurs]
During the Nazi period, Eucken was associated to the resistance movement.
Rudolf Eucken was the winner of the 1908 Nobel Prize in Literature.
economist, politician and lawyer
