haku: @journal_id 47 / yhteensä: 472
viite: 12 / 472
Tekijä:Karsten, S. G.
Otsikko:Walter Eucken: Social Economist
Lehti:International Journal of Social Economics
1992 : VOL. 19:10-11-12, p. 111-125
Asiasana:MARKET ECONOMY
ECONOMICS
COMPETITION
SOCIAL POLICY
Kieli:eng
Tiivistelmä:Eucken's paradigm of a "social market economy" provides a framework for a functional free-market mechanism, which not only accomodates development and change, but which also assures human dignity and freedom. Eucken places special emphasis on the integration of economics with "order" and "Justice". He holds that an unconstrained Laissez-faire economy does not assure a competitive economy but that it will degenerate into monopolistic practices. Eucken formulates his "structural" and "regulating" principles to facilitate a functionally competitive economy with a compatible social policy, to assure greater efficiency and to reduce poverty.
SCIMA tietueen numero: 107376
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