the German variant of social liberalism that emphasizes the need for the state to ensure that the free market produces results close to its theoretical potential
ordoliberalism, ordnungspolitik, and the rest, are all about rules means precisely that good economic governance is not about spending
the Bundesrepublik had then finally moved beyond its ‘ordoliberal’ misconceptions
The competitive advantage of ordoliberalism after 1945 was that it could be sold as a lesson learned the hard way from the statist-dictatorial Nazi regime and its war economy: from the failure, political, moral and economic, of the Behemoth
the Walter Lippmann Colloquium held in Paris just before the eruption of World War II. For the first time, this event brought together the classical liberal theorists, the new German ordoliberals, the British LSE liberals, and Austrian economists such as Friedrich Hayek and Ludwig von Mises
He disregards the important German Ordoliberalen, but the attack on neoliberalism is well taken.
Alfred Müller-Armack, adviser to Ludwig Erhard and the thinker of ordoliberalism (which is the intellectual basis of the EU)
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