Wilhelm Röpke
German economist (1899–1966) / From Wikipedia, the free encyclopedia
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Wilhelm Röpke (10 October 1899 – 12 February 1966) was a German economist and social critic, best known as one of the spiritual fathers of the social market economy. A Professor of Economics, first in Jena, then in Graz, Marburg, Istanbul, and finally Geneva, Röpke theorised and collaborated to organise the post-World War II economic re-awakening of the war-wrecked German economy, deploying a program referred to as ordoliberalism, a more conservative variant of German liberalism.[2]
Wilhelm Röpke | |
---|---|
Born | (1899-10-10)10 October 1899 |
Died | 12 February 1966(1966-02-12) (aged 66) |
Resting place | Cologny |
Nationality (legal) | German |
Education | University of Marburg |
Academic career | |
Institution | University of Marburg, Istanbul University, Graduate Institute of International Studies |
Field | |
School or tradition | Ordoliberalism Conservatism[1] |
Influences | Smith · Böhm-Bawerk · Hayek · Mises · Rüstow · Strigl |
Contributions | Theoretical foundation of the German economic miracle |
With Alfred Müller-Armack and Alexander Rüstow (sociological neoliberalism) and Walter Eucken and Franz Böhm (ordoliberalism) he elucidated the ideas, which then were introduced formally by Germany's post-World War II Minister for Economics Ludwig Erhard, operating under Konrad Adenauer's Chancellorship.[2] Röpke and his colleagues' economic influence therefore is considered largely responsible for enabling Germany's post-World War II "economic miracle". Röpke was also a historian and was nominated to the Nobel Prize in Literature in 1965.[3]